I’ve been a gold bug since I was old enough to read.
Unfortunately, I have had to occasionally convert bits of the old yellow fellow into FRNs to, well, you know, pay the bills.
The biggest threat to gold as a strategy is a new one - national blockchain cryptocurrency with a law outlawing FRNs.
You will never be able to redeem metal for bitdollars. And yes, the system could collapse with people eating rats and paying the bills (or avoiding payment) with 9mm.
But for gold to become money, you need a STRONG government, not a weak one.
“But for gold to become money, you need a STRONG government, not a weak one.”
Yep. Understood. PMs are just part of my financial portfolio.
Stocks, Bonds, PMs, no debt, cash on hand, paid for farm, prepper supplies, lead. (Not necessarily in that order, LOL!)