DBTrek wrote: ↑Mon Aug 30, 2021 9:57 am
Well, if you found one type of transaction where gold doesn't make sense it must be worthless and non-liquid I guess.
My bad for suggesting people get their finances out from under hostile entities that we can see damaging them in real time.
Just take your economic beating, because you can't trade pounds of gold directly for a house.
/shrug
but who can even afford to put their liquid into gold ?
I don't know anybody other than the very wealthy who even has the wealth to spare for holding gold
most people are tied up in a mortgage, that's all they can afford
if you're going to be married with kids and owning a home, there's no way to go off the grid, you are in the system, there's no escape
you can't operate cash & carry, you need a bank account, you need credit cards, you need a mortgage
we don't even carry debt on our credit cards, but we still need them, just to rent a car, or buy a plane ticket, nobody accepts cash anymore