Well ~78% of gold is used for jewelry and only ~19% is used as a store of value:... | Hacker News

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		htormey on Dec 26, 2017 \| parent \| context \| favorite \| on: Cryptocurrency Analysis with Python – Buy and Hold Well ~78% of gold is used for jewelry and only ~19% is used as a store of value: https://goldprice.com/facts-about-gold

shrimpx on Dec 26, 2017 [–]

Jewelry and "store of value" are not mutually exclusive uses. Lots of people would buy "store of value" gold in the form of a nice necklace rather than a lump of metal.

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