Owning gold only makes sense if you have it in the form of coins.
Discussion
For the short term #goldminers can (in fiat terms) get interesting. In #sats it is not worth the trouble 😀
The only reason I would ever own gold is to prepare for huge economic crisis followed by war and mass electricity shortages.
in this case I can’t do shit with stocks (goldminer), gold bars or even Bitcoin.
One needs weapons, water, food and tiny gold coins for trade.
For every scenario thats less dramatic, Bitcoin works best.
In no scenario at all, gold bars are of any use.
I understand what you are saying and agree. Here we are creating a parallel society. Own energy, water and food. When the shit hits the fan, we hope it will do.
What do you mean by “here”?
I want to see that 😍
Good advice.
I bought this initially as an inflation hedge, but I think it’s not working as intended… better capitalize on the high prices right now!