It's almost the definition of a store of value. If it was actually useful it's c... | Hacker News

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		dtech 28 days ago \| parent \| context \| favorite \| on: Repatriate the gold': German economists advise wit... It's almost the definition of a store of value. If it was actually useful it's called a strategic reserve, like for oil.

eesmith 27 days ago [–]

https://en.wikipedia.org/wiki/Strategic_reserve

> A strategic reserve can be ... A commodity, such as intervention stocks of food or petrol ...

> Examples of commodity reserves: Global strategic petroleum reserves ... Gold reserve

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