Sunday, April 14, 2024

Why Gold?

 

 

 https://www.yahoo.com/finance/news/gold-jumps-iran-strike-against-222133497.html

Why would people resort to Gold whenever the economy in foreign nations has nothing to do with current events?   Gold isn't a currency in USA.  There are laws against it.  You may own Gold, not use it as Money.  At the present time, in USA you cannot use Gold as a backup currency.  So buying Gold and Silver serves no logical purpose; this isn't Ancient Rome.  Even if the Dollar were to CTD, all countries that peg their currency value to it will also be worthless paper.  Crypto-currency isn't even real.  It is bits of data on a computer. You cannot run computers on non-solar power with Crypto in a modern economy that depends on electricity purchased by real currency.  You could buy my books and use them as currency, as only my books cause events by reading them, because I am super-physical in nature, and classified top secret by the CIA for expressing myself.  

M7C 2024.



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