ALL Gold is Fool's Gold in America ...
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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.