Money vs Fiat Currency:
The US Dollar was known as “As good as Gold”,
probably because it was backed with Gold.
The US Dollar is no longer backed by Gold or Silver.
“Fiat Currency” & coins are, an “Out of The Money” derivative
with no intrinsic value.
Never ending printing, Bailouts, Overspending, Foreign aid,
have created the largest bubble in history.
Adding to the bubble, “Fiat Currency” of other countries,
have backed their currency with the US Dollar.
No Fiat Currency system has ever lasted.
When the bubble bursts, and it will,
economies world wide will collapse.
Many individuals buy Gold as Money replacement,
because of its intrinsic value.
I have heard, there are 4 owners for every ounce of Gold.
So, possession is required, before someone else claims it.
Not stock, bonds, ETF's, a third party holding company, etc.
If you invest in something with intrinsic value,
own it all, possess it all, try to avoid converting it to Fiat Currency.#Dollar #Money #OTM #Currency #Economey