1. I do have physical gold. I bought it a few years ago at ~$800. I do not trade gold. So, I feel good. Regardless of bogus statistics, there is a limit to how much paper money and paper gold Central Banks can print can print.
One question I've always had for people who have physical gold: what the heck are you going to do with it when the "fiat" currency breaks down???
Are you going to carry bricks around to the market? When you purchase something, how are you going to get change for your larger piece of gold? Break them off some? Since everyone is walking around with their own satchels of gold of various shapes and sizes (because there is no central gold producing agency), how are you going to convince the seller that your gold is of a certain purity and worth what you say it is?
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