4 ms·
Kinda similar to like under a gold standard you don't actually pay with gold. You can, but most people just use centralised "wrappers" around gold in the form o
by H8crilA 6y ago
Kinda similar to like under a gold standard you don't actually pay with gold. You can, but most people just use centralised "wrappers" around gold in the form of bank notes.
- IncRnd 6y agoI don't know of any countries that are still on a gold standard.
- H8crilA 6y agoNeither do I
- ta17711771 6y agoThere is no gold anymore, mate.
- H8crilA 6y agoAny gold dealer begs to differ.
- mirimir 6y agoWell, it's not there's no physical gold, but there's still a shortage. So it's pretty easy to get spot price, even from a local shop. And if you have substantial amounts to sell, you may get spot price plus several percent. Also, I've read that silver is hot now, given the likely surge in the silver/gold ratio.