how much does 1 gold bar cost?
https://youtu.be/1SNzygtj5L4?t=38
and do FaZe get a cut?
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Gold Bar
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Ailed [#4]Don’t orgs take prize cuts as well I feel like this would be such a pain
apparently faze don't get any cut from that gold bar according to YT comments
they only get a cut from the prizepool
KarmaBalance [#10]Cash is never a good investment long term, inflation exist
didnt know we have economics professors on this forum
KarmaBalance [#10]Cash is never a good investment long term, inflation exist
You'll ofc reinvest it somewhere else which is likely going to have better growth than gold
KarmaBalance [#10]Cash is never a good investment long term, inflation exist
this is the kind of thing someone who keeps all their money in a checking account would say
KarmaBalance [#10]Cash is never a good investment long term, inflation exist
Lol, u monke never heard the saying "cash is king"?
Remind me when brokers start accepting gold bars as payment
FDWC- [#7]its a great long term investment imo
It's clearly not, nobody with wealth puts it in gold
Why would you ever put it in gold over a index fund that has better returns and is less volatile?
WACC [#14]Lol, u monke never heard the saying "cash is king"?
Remind me when brokers start accepting gold bars as payment
The U.S. dollar was once backed by 1.50 grams of gold held in the Federal Reserve the gold standard was the basis for the international monetary system, it is highly liquid and can be converted to cash in almost any currency with relative ease. I would rather invest in something that has a history in proving to be valuable than something that has been built on a house of cards for the past 40+ years and with $32 trillion in debt and counting and Saudi Arabia now accepting Yuan instead of the dollar for Chinese oil sales, how much longer will the U.S. dollar be the World's Reserve Currency?
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