It’s a speculative commodity. But the real value of gold is its relative portability.
Precious metals have very limited utility value. If you’re seeing resources move out of capital development and into specie accumulation, that’s a sign the leadership doesn’t have strong long term prospects for your economy.
That, or you’re getting ready to take your nation’s financial reserves and run
why not? is gold not a reserve of value like any other?
It’s a speculative commodity. But the real value of gold is its relative portability.
Precious metals have very limited utility value. If you’re seeing resources move out of capital development and into specie accumulation, that’s a sign the leadership doesn’t have strong long term prospects for your economy.
That, or you’re getting ready to take your nation’s financial reserves and run