@freemo @posrev every sound money government ditches gold for one reason: they overspent their shit in trade deficits and endless wars.

every fiat currency fails for the same reason: the government catastrophically implodes and the money has no intrinsic value.

spot price on gold and silver varies but it has remained above zero for a significant period of recorded human history. fiat currencies don't outlive the political implosion. i'm partial to trading actually useful goods as a store of value but nobody asks me.