ALL Gold is Fool's Gold in America ...
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Metal (((traders))) are no different. They all want your cold "worthless" cash.
WHY would the (((dealers))) give up their "precious" metals for my "soon to be worthless" dollars? Their pitch don't add up!
I've been to a lot of local coin shops. The owners are always gold bugs. They keep a large portion of their personal wealth in gold and silver. Yes, the business takes in dollars. The owner then converts a portion of their profits into gold or other hard assets. They need dollars to pay their employees and to buy more inventory. The dollar isn't going to collapse tomorrow. People have been talking about the dollar collapse for like 25 years since Sept 11 2001.
Shop owners tend to be Genx to Boomers. They got their gold when it was $400 / oz. They're already rich. The smart ones are diversifying their gold holdings into other political jurisdictions like Singapore, Canada, Switzerland, and Australia. (I know they're all problematic in certain ways)
Tell your employer that you only want to be paid in gold. Leave gold dust at restaurants to pay the bill.
*"Why hold onto WORTHLESS dollars? Prices are only going higher. Secure your investment -- BUY NOW!"*
Please suggest to me a better store of value
I make more money each month than I spend. What do you suggest I do with these extra fiat dollars? Honest question.
>Tell your employer that you only want to be paid in gold. Leave gold dust at restaurants to pay the bill.
I am my own boss but I would absolutely love for customers to pay me in silver and gold coins and I would even give discount for it.
Also, why is this a trigger point for you? You do know that prior to 1964 all USA coins had real silver in them, right? And prior to 1933 $20 was a one ounce gold coin. Now one ounce gold costs $4000 fiat dollars. I rather have that $20 gold coin.
they make money on the margin
But WHY WHY WHY would they want that "worthless" cash we they've got "precious" GOLD!?
Think a little harder, dude. The pitch for gold is the same pitch for $2k Pokemon cards. It's the same scheme.
would you rather them hoard gold like a dragon?
why would grocery stores sell food for cash? are they stupid, you can't eat cash after all
The grocery store is telling me that I need to buy chips and soda now so that I can trade them in for 10x their value next week.
The gold (((dealers))) are telling me that my cash will be "worthless" unless I trade it for gold.
So, again, which you refuse to answer: WHY would they want my "worthless" cash for their "precious" gold?
it's a cash flow business that operates on margin
Why would a miner sell gold instead of keeping it for themselves? Because there are people making money moving product from raw source to retail counter.
The same reason a farmer sells food instead of keeping it all for himself.
Velocity of money, profit margin, leverage
You seem to be hostile toward gold investors. Why? Obviously it's worked out well the last year. Check out goldprice.org
Are you upset because you think you missed out? Look at it this way. Most of the gold I bought was when it was at all time high. And guess what? It kept going up.
Gold at $4000 an ounce is higher than it was last year but next year it will be $5000 per ounce. You get in now and stop worrying about old prices you missed out on. One ounce used to be $20 but it never will be again.
Also gold has a floor price. An ounce of gold always costs what it costs to mine it out of the ground which is at least $2000 at no profit to the miner
Now if you prefer Bitcoin then hey okay. I prefer gold but Bitcoin still seems like better store of value than the fiat jew dollar so we can debate but the idea is we don't want jews printing fiat and devaluing all our hard work and labor.