Central Banks Are Buying Gold At The Fastest Pace In 55 Years

https://oilprice.com/ ^ | Nov 02, 2022 | By Alex Kimani -

[aMorePerfectUnion]

I’m keeping both. Lots of both.

Sorry for your loss ❤️

[Diana in Wisconsin]

Good for you. And, Thanks. :)

[delta7]

How can gold be a money when its total value is
is like 4.5% of the worlds debt?
———-
The worlds debt is at 380 trillion dollars of paper, at current inflation rates, it turns to toilet paper. If you haven’t noticed, “ money” is moving to “ commodity based currencies “, which is the reason the Ruble has been gaining rapidly in value. You think in todays terms, not the near future

[dynachrome]

A fun way to own a little bit of gold, though the premium is a bit high: Other states, also. https://www.providentmetals.com/gold-coins-bullion-bars-rounds/gold-notes.html

[dynachrome]

https://www.providentmetals.com/gold-coins-bullion-bars-rounds/gold-notes.html

[Salvavida]

Gold and other precious metals are the only real money. The debt you speak of is laid on worthless paper based on faith.

The world is heading for a commodities-based economy, and the currency isn’t going to be the dollar, or any other paper.

[jdsteel]

If the true believers were right gold and crypto would be at all time highs right now.

Guess what….

[rellic]

Y’all think your creditors are going to accept chickens as payment?
I have plenty of them and they taste better than gold.
Somehow I don’t think it will work that way.
Can’t eat, burn, or drink gold.