Remix.run Logo
raincole 2 hours ago

If you buy $100,000 of RAM and just hoard them, and a shortage happens, you won't update their value according to their market price, until you sell them.

That's it. It has nothing to do with whether your RAM is stored in New York or Paris.

H8crilA an hour ago | parent [-]

You treat your brokerage account this way? I'm sure that the retirement funds don't.

raincole an hour ago | parent | next [-]

If you're a retail business that sells RAM then yes, this is the way.

If you're a fund that holds RAM in some indirect manner (like you hold hypothetical RAM futures) then it depends on whether your country's laws ask for market-to-market value for that specific kind of security.

IAmBroom 38 minutes ago | parent [-]

France didn't pay taxes on the gold, so it didn't keep it "on the books" at decades-old prices. It tracked the real-time value.

However, that doesn't mean there isn't profit possible, even over a supposedly super-liquid asset like gold.

an hour ago | parent | prev [-]
[deleted]