Yes, the price of #gold is being suppressed through paper gold contracts. Some say this state of affair can’t be maintained forever and although I agree, the timeline as to when it will happen is unclear. I wouldn’t necessarily buy #goldbacks to become wealthy (although I think they have the potential to lead to this outcome) but rather to hedge against the coming #CBDC and other measures aiming to control what you can do with your money. It’s also a good hedge against #inflation. It’s really easy to transact with goldbacks. They will be a great replacement for #cash when it will be phased out.

#goldback #money #currency