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You could end in gold or silver or some other precious metal as well. The ultimate endpoint need not be USD.
by niggler 14y ago
You could end in gold or silver or some other precious metal as well. The ultimate endpoint need not be USD.
- oleganza 14y agoPrecious metals are not easy: either you store it somewhere where people ask questions and can block your access to it, or you store it in your pocket and cannot easily spend portion of it when you need.
- tatsuke95 14y agoAnd the spread between bid/ask in the real world is large. Unless you own "paper" metals, you aren't exchanging them for the rates you see on the ticker.