I think part of it is he likes to stick with what he knows. He lives quite a simple life, so his current investments and pension suit him just fine. A genuine #Boomer

I sometimes wonder if Peter Schiff is similar, where Gold does everything he needs it to do, it's tried and tested over a long period of time, he can see it, touch it, so on. Why risk it for something he doesn't properly understand?

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Makes sense. Non portability of gold should be an argument and fact that it can be so easily confiscated...but I kinda get older people.