“All holders” is not a reflection of reality in how markets work. Everybody has their price. Utility of the means of exchange means that you have market partici

“All holders” is not a reflection of reality in how markets work. Everybody has their price. Utility of the means of exchange means that you have market participants passing through. It is just economic BS that you would ever get all holds. The price would either go North or South and would change some minds. Or life, and the time value of money would kick in. Gold’s problems had more to do with wars (WW1, WWII, Vietnam) than how good it was at being hard money. Fed is a weapon, and your wealth is it’s ammo.