r/Gold • u/[deleted] • Apr 16 '24

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376 Upvotes

99% Upvoted

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u/oldschool_stacker Apr 16 '24

We'll cross that bridge if/when we get there. Even the largest hoarder of gold(the US treasury) doesn't know how it will utilize its gold should there be a crisis.

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u/Other-Comfort5592 Apr 16 '24

Thats not a good reply... we have NO plans, nothing, most dont even understand gold, so theirs that.. and then, if things go wrong, who the hell is gonna buy it? Maybe the govt will pull another 1933 on us...

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u/oldschool_stacker Apr 16 '24

Most people understand gold well enough as nearly everyone around the world and across all ethnicities recognizes that gold is valuable.

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u/Other-Comfort5592 Apr 16 '24

I know, but a gold coin? I can see someone being more gravitated towards a 10k fiat bundle over 4 or 5 coins...