Little minds see little things and miss the important things.
By the way, the value of gold is not what matters.
What matters is that governments need some means of limiting how much paper they can print, whether money, bonds, etc.
Gold is limited in quantity, hard to counterfeit and easy to appraise,
It is dangerous to ridicule the value of gold when it has been held in such high esteem for how long? This story mentions 3100 BC.
I am not a gold bug, but I do believe one should have a litle of everything since we can not predict crazy
Darn....I forgot the link.
https://onlygold.com/facts-statistics/history-of-gold/
All gold buggers are little minds.
Gold was money because until the modern age of electronics it was completely useless. You don’t want your money to be consumed to make stuff or feed people. So we decided to make it money. And now small minded people who don’t understand history think it is innately valuable. It isn’t. Innately valuable things make bad. But we’ve been pretending it’s valuable so long people forget it’s a lie.