I agree. I also think physical is the only way to go. I think it's a mistake to "invest" in gold by buying gold futures / stocks and trying to time the market, etc., because there is always this force trying to hold gold down, and I believe the push, by MSM, to get millennials into bitcoin is part of this effort (to drive gold down). Buying physical is the only way to keep what you've earned and bring it with you to the other side of whatever this chaos brings. It's also the only way to take what you've earned and hide it somewhere where nobody will ever find/steal it, in the event that something happens to you (e.g., in a civil war).
For anybody else who stumbled across this comment: imagine what you will do if the USD collapses at the same time as the world is at war and the Internet is split into pieces. Imagine what will happen to bitcoin and other crypto when North America cannot communicate (even for a short period) with Europe or South America or Australia or anywhere else. Cryptocurrencies do not have intrinsic fungibility; to the extent that they have any fungibility, that is afforded to them by the consensus among the nodes that are spread around the world. Cryptocurrencies will not survive the end of the modern Internet, at least not the current ones, at their current values, in their current forms.
Try to imagine taking your family and flying across the border to Mexico on your way south to Argentina after America is nuclear bombed and invaded from the north by China, you're trying to flee with everything you have, so you bring your bitcoin on a thumb drive, stored off-line so that you don't have to worry about which service is available, and then you get to Argentina, but nobody there has any idea about what you have on the net work, because their network is different from yours. You can carry $100,000 (in today's USD) of gold in your pockets. And if you're staying in-country, you can move it around with you easily and bury it on your property easily. Gold is the only way to safely store earned income in a way that cannot be taken from you without physical force in close proximity.
Officially, the position of astrophysicists is that heavy elements are created from the supernovae of first-generation stars. Gold possibly (probably?) didn't exist in the universe for the first several million, maybe billion years.
The way I picture it, the Federal Reserve does indeed have a big vault with a big pile of gold bars in it. And it's covered in Post-It Notes saying who it belongs to.
The article is sympathetic to a Communist Venezuela.
Paraphrasing a few sentences from within the article: Chavez tried to get VZ gold. Chavez couldn't get their gold because England didn't like the regime. Austria couldn't get their gold in 2017-18. Why could that be?
Where's mention of England refusing to surrender Venezuela's gold in the same years to MADURO?
I agree. I also think physical is the only way to go. I think it's a mistake to "invest" in gold by buying gold futures / stocks and trying to time the market, etc., because there is always this force trying to hold gold down, and I believe the push, by MSM, to get millennials into bitcoin is part of this effort (to drive gold down). Buying physical is the only way to keep what you've earned and bring it with you to the other side of whatever this chaos brings. It's also the only way to take what you've earned and hide it somewhere where nobody will ever find/steal it, in the event that something happens to you (e.g., in a civil war).
For anybody else who stumbled across this comment: imagine what you will do if the USD collapses at the same time as the world is at war and the Internet is split into pieces. Imagine what will happen to bitcoin and other crypto when North America cannot communicate (even for a short period) with Europe or South America or Australia or anywhere else. Cryptocurrencies do not have intrinsic fungibility; to the extent that they have any fungibility, that is afforded to them by the consensus among the nodes that are spread around the world. Cryptocurrencies will not survive the end of the modern Internet, at least not the current ones, at their current values, in their current forms.
Try to imagine taking your family and flying across the border to Mexico on your way south to Argentina after America is nuclear bombed and invaded from the north by China, you're trying to flee with everything you have, so you bring your bitcoin on a thumb drive, stored off-line so that you don't have to worry about which service is available, and then you get to Argentina, but nobody there has any idea about what you have on the net work, because their network is different from yours. You can carry $100,000 (in today's USD) of gold in your pockets. And if you're staying in-country, you can move it around with you easily and bury it on your property easily. Gold is the only way to safely store earned income in a way that cannot be taken from you without physical force in close proximity.
Officially, the position of astrophysicists is that heavy elements are created from the supernovae of first-generation stars. Gold possibly (probably?) didn't exist in the universe for the first several million, maybe billion years.
The way I picture it, the Federal Reserve does indeed have a big vault with a big pile of gold bars in it. And it's covered in Post-It Notes saying who it belongs to.
The article is sympathetic to a Communist Venezuela.
Paraphrasing a few sentences from within the article: Chavez tried to get VZ gold. Chavez couldn't get their gold because England didn't like the regime. Austria couldn't get their gold in 2017-18. Why could that be?
Where's mention of England refusing to surrender Venezuela's gold in the same years to MADURO?
Russia remotely coups a country, forces them to withdraw their gold and hand it over to the Kremlin. Wasn't there both a German naval battle and a US Covert Op surrounding this?
England noticed their customers were being robbed and disallowed the theft. As soon as Russia annexed Crimea the gold stopped moving.
This whole rigamarole is what helped me identify SARS as a wartime agent and the US 2020 election as a coup.