Recently I had a conversation regarding payment in gold or cash. Gold was favoured.
Subconsciously people who are aware of gold are aware that gold is more or less a global currency.
Receiving gold instead of cash as payment is a low key way of dollar cost averaging.
If gold is to preserve our wealth we need it to appreciate in value in inversely proportional to the death of the dollar.
But as we have seen gold can be volatile and allegedly manipulated which can be a hard sell for people on the fence about entering the metals market.
Then there’s those who don’t know a single thing about gold or silver. I wonder what percentage of them will eventually cross over to the side of real money.
