Is it time to buy Gold?

It’s the state itself deciding to offer gold as a method of payment. How could that possibly be unconstitutional?

The problem I see is that it isnt very economical to transact using physical gold. The overhead costs will be extensive for what I’d see as meager use.

Unless everyone is willing to accept exchanging physical notes that represent the gold (cough cough).

2 Likes

The Eagle Forum also said that using gold fights inflation and passed both the House and Senate with overwhelming margins.

I’m not sure how they reached that conclusion. Even if gold price doesn’t move in sync with inflation, gold has appreciated faster than inflation since 2000. Since 2020, it’s up almost 40% in inflation-adjusted dollars.