why gold is not a good bet, page-35

"Depends if you think gold is money. One of the definitions of money is it must be portable. Gold is, oil isn't. A reasonable new car could be easily purchased for 30 Krugs. Less than one kilo. 450bbls oil. Hmmm? A gold bug is aware of this."

95% of folk here own paper gold, all commodities are money thats what goldbugs have missed I can buy 450BBLS and keep it electronically, currency was invented because gold was to bulky , now we have fiat gold, oil, ....just about anything you want can have a fiat equivalent