1. it's called a gold lease(interest) rate 2. isn't that a personal decision and if someone wants to stump up the cash for the fees to buy gold then so be it, it's not a reason in itself to not own gold 3. again that's a personal decision not a reason not to own gold 4.your contradicting yourself " No one uses gold to buy things these days, that's a fantasy, except maybe in the wop-wops of Afghanistan or other failed states . ", it"s either no one does or some do, which is it? 5. sometimes gold is a good inflation hedge sometimes not, I notice you didn't indicate how long the short term is and what a perfect inflation hedge would be 6. correct me if i'am wrong but didn't the great depression happen under the federal reserves watch and hasn't there been almost a dozen recessions also, surely if those high priests are so great at managing the economy they wouldn't have happened ?!
