Comment: If you are not sold on gold, wake-up fast.

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SteveMT's picture

If you are not sold on gold, wake-up fast.

Gold is an element, not a mineral. The intrinsic value of gold is inherent in the energy required to bring it out of the ground, refine, purify, and mint it. Gold produces stability, and it fulfills all of the definitions of money. Land is not portable and it can be confiscated. Gold is portable, and it is not easily confiscated; notice all of the pre-1932 gold still in existence post the gold confiscation act. Owning precious metals provides people with independence from this corrupt fiat monetary system. Rethink your beliefs about gold.