People who buy gold are silly

If gold is such a great investment why would they sell it to you?
You think that perhaps it's some mutually beneficial transaction where they want to live for today and you want to live for the future

No. Gold is only valuable as a conductor. Don't be naive

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ViciDraco · 41-45, M

I tend to agree. Gold is fairly impractical as an investment, largely because of the people expecting a collapse.

1) If the collapse is so sudden and drastic that the government does not or cannot back fiat currency, nobody is going to want your gold. You can't eat gold. You can't heat your house with it. If the government can't manage to back currency, the situation is going to be bad enough that everyone is in survival mode.

2) If the government is at least strong enough to hack a gold- based currency, then the emergency that brought them to this huge switch is going to cause them to confiscate your gold. It's been done before it can and would be done again if needed.

Either way, your gold is not going to be of very much use to you.