Thanks.
(The problem does apply to gold speculation in this day and age, though, right? I will BTW readily concede that gold speculation in this day and age is high risk.)
It would apply if gold were legally enforced and usable as a currency, but I don’t think it is.
It does apply to forex speculation, though.
OK, so investors buying and holding gold do not cause the problem.
Thanks.
(The problem does apply to gold speculation in this day and age, though, right? I will BTW readily concede that gold speculation in this day and age is high risk.)
It would apply if gold were legally enforced and usable as a currency, but I don’t think it is.
It does apply to forex speculation, though.
OK, so investors buying and holding gold do not cause the problem.