MANIPULATION WITH TOILET PAPER IN THE HOPE TO GET CHEAP PHYSICAL GOLD MUAHAHA
Nice trick but this works only on the brainwahsed dummies but not for those who knows how this debt money system works which is in his late final stage .
Read what the Fed man says he knows best about this system :
"In the absence of the gold standard, there is no way to protect
savings from confiscation through inflation. ... This is the shabby
secret of the welfare statists' tirades against gold. Deficit spending
is simply a scheme for the confiscation of wealth. Gold stands in the
way of this insidious process. It stands as a protector of property
rights. If one grasps this, one has no difficulty in understanding the
statists' antagonism toward the gold standard."
Alan Greenspan, Fed-President 1987-2006 ( “Gold and Economic Freedom”, 1966)
the problem with gold is that it needs other people to feel the way you do. if nobody believes or cares enough, nobody buys gold, and if nobody buys it, the price/oz languishes. the problem with gold is that it only has value if enough people believe it has value. this is the same problem that fiat currency has, except it is a far worse problem because gold is not usuable, for the most part, as a currency. what most people who like gold don't realize is that there is nothing special about it as a store of value over and above fiat currency. both gold and fiat money depend on people accepting its usage as a store of value. just because gold can't be printed doesn't make it any more special. it may make it a more sensible store of value or a more desireable store of value, but that's about it. what people use everyday carries far more weight at the end of the day. if the sky really does fall, then gold may be sought after, but until then the value of gold is basically unknowable.
Hogwash ;" just because gold can't be printed doesn't make it anymore special" It sure as heck does make it more special for there is a limited supply. Just as a Ted Willims baseball card is worth more than an Alex rodriguez card - less supply. Why do values of sports franchises always trend higher - supply constraints.
Gold is always better than fiat for the same economic boundaries.