Steppenwolfe
Super Member
- Joined
- Apr 11, 2012
- Messages
- 6,489
- Location
- The Blue Ridge Mountains
- Tractor
- Kubota MX5400, 1140 RTV
Gold has averaged 9.6%/yr return for 15 years from 2005-2020. Gold Price
I've been buying it along since late 90's (under 300oz) and am quite happy with a stash of real, private money with zero counter party risk.
OK. But... what makes you think gold is a viable exchange vehicle for other goods or services? Will it be useful to buy food, a cow, a chicken, a gun ? I'm just asking, because I never quite understood what good gold would do me if the shelves are empty at the Piggly Wiggly. NOTE... I am also unqualified to ask this question. Just wondering.