Skol,
Gold is money. The problem is that government has effectively outlawed money in order to force their citizens to use their fiat currency.
If gold were legal tender, or, if there weren't legal impediments to using gold as currency, then no one would be using fiat.
They might still use paper notes et, but they would be backed by gold.
When fiat currencies start crashing in the near future, good luck buying anything with a piece of paper. You'll be joining everyone else in line at the nearest mint to pay through the nose for gold that they won't have and won't want sell you at just about any price.
Cheers
Ivan
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