You said investing improves productivity - the kind of investing most of us talk about is investing in the stock market, which is a secondary market. If you meant you'd invest directly in a start up business, that's a different story. But it's not part of the pp investments, which involve stock market index funds. So if you took your $15K and invested in your pp, there's no direct connection to companies.
I was pretty clear in how I defined investing and didn't refer to the PP definition, so you're making up a strawman. Nor did I bait you. I'm smart enough to understand secondary markets are bullshit for direct value creation.
It depends again on what kind of gold investments - most people on here buy gold coins. So if I go into my dealer and buy some coins, then hold them for a while and sell them back to him/her, isn't that a secondary market? It's a bunch of coins trading hands just like stocks do, not somebody buying gold bullion from a mine in South America.
It doesn't take much -- if any -- productivity to issue financial assets as they're created out of thin air. But to get a commodity the value has to be transferred all the way down the totem pole to the mining worker at the bottom. He has to get paid to dig it out and any/all tools that makes his job easier will improve his productivity and that of society's.
I remember when people were upset about buying South African Kruggerands, don't you?
Not sure what you're referring to. Over apartheid? No one was forced to buy Krugerrands, though. Blood diamonds was more of an unknown thing until that movie came out. Does that mean I shouldn't ever buy any Krugerrunds minted before apartheid was abolished?
And, please don't tell me what to discuss in my posts - I don't do that to you.
Well, you seem to keep bringing up strawman arguments about things I didnt say, so its getting a little tiring. Read what I say as literal and don't infer anything beyond that. It's a little different between me joking about you being a "token liberal" and you miscontruing what I've said.