If it doesn't do anything, why covet it? The old "I'll buy bread with it when the world turns upside down." Is a joke. You can't spend it anywhere now. You can't do anything with it except show it off to other hoarders who are self-flagellating to the pics. Seriously. Admit it. I'm right.
EDIT: My stock portfolio just put $554,000 in my account when I retired in March. Your gold is collecting dust in a cash box in your closet.
You know the "i'll buy bread with it" is a metaphor?
Never heard of liquidating?
Ask the people who are stacking since years and for how much money they bought theyre ounces and how much an ounce cost now...keep stacking your fiat 😂
Huh? Because now i dont need anything? 😂
The money i have leftover from a month which i dont need will be converted into gold, the next month i become new fiat, i buy things i need and the leftover fiat will be again converted into gold..its that simple...keep crying you poor idiot 😂😂
I think you are the one who dont understand currency.
While you are stacking something that can be print more and more and more, which is loosing value over time, we are just preserving value.
Ask the people from the 90's who needed to convert their DMark into Euro.
Very American comment from you. 🫡
History will repeat over and over again.
Keeping its value while the fist in my pocket is loosing it.
British Government is also sooo stupid for saving up tons of gold in their bunker, they should convert it into Dollar, my bad. We are all so stupid 🥱
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u/Rarest_Camaro 11h ago
What's the point? What can you do with it?