Gold is universal money, a tangible store of value and wealth protection.
Physical gold cannot go bankrupt or broke. Gold bullion will never default on promises or obligations. In times of crisis, gold bullion Tends To Increase Sharply In Value.
The paper dollars you have in your pocket were created as a substitute for gold. Every currency in the world is now "fiat" because it is not backed by anything tangible. In 1971 President Nixon announced that the US government will remove the gold standard from the US Dollar.
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