Gold is money.....Hogwash!
Then I can take the same 100 dollar bill and exchange it straight across for 10 ten dollar bills.
Then I can go buy "stuff" needed to live with either one.
Come the day when Goldmoney will exchange a one ounce gold round straight across for 10 tenth ounce gold rounds and then turn right around and exchange 'em back....
At that point gold will be money.
Hell...Goldmoney inc. won't even accept YOUR gold! Try and deposit some....the only thing Goldmoney will do is sell ya some.
It should be named "Fiatmoney inc.", because fiat money is the only money Goldmoney inc. will accept.
"Gold is money" Hogwash!
And a hedge against inflation? Not!!!
Gold is a hedge against one thing....the consequences of fear.
And that in itself is a darn good reason to invest in physical gold which YOU hold.
You can have the sales hype.
Turk and all the rest of them are interested in one thing....and it's not YOUR standard of living.