So I was trying to find a google maps view of Yunnan but couldn't find anything, but when I zoomed out I saw there was a lot of mapping done of Thailand, so I dropped the little cursor guy onto just any old random spot in the north, and found this:
That's right, an entire temple made out of gold. Gold, the barbarous relic.
So go ahead, whitey, tell me how stocks and flows applies to this temple. At what gold price are the Thais just going to peel off all the gold leaf from this temple, melt it down and sell it for scrap? Hm? At what price do they decide to destroy their stunningly beautiful shining gold temple, which awes visitors from all over the world, standing in its glittering beauty as an eternal transcendent testament to something or other?
And there's a lot more golden temples in Thailand where that came from. Via google, behold!:
|Wat Pho. Covered in gold.|
|Wat Phra That Doi Suthep. Lotta gold.|
|The "golden toilets" at White Temple, Chiang Rai|
|Wat Phra Dhammakaya. Those things you see in front are 300 thousand gold-covered statues of Buddha. Because reasons.|
So yeah, whitey. Those 183,000 tons of gold out there aren't just waiting to be melted down once gold passes $2000.
They're too busy being god.
Y'all can please rethink the whole "stocks and flows" argument about gold.