Well, it's a consideration. As you know, not everyone is so informed or courageous. Based on our history, one scenario with gold is that tyranny makes it difficult to find people who are willing to take the risk of having their earnings seized or getting thrown into the gulag for ten years or so. To me, this seems like a good reason to spread that money out to a variety of instruments but that's just my opinion.
Damn these boating accidents ...
Sure. How are you going to survive off a boating accident when everyone is too scared to accept your gold?
Is that a fact?
Well, it's a consideration. As you know, not everyone is so informed or courageous. Based on our history, one scenario with gold is that tyranny makes it difficult to find people who are willing to take the risk of having their earnings seized or getting thrown into the gulag for ten years or so. To me, this seems like a good reason to spread that money out to a variety of instruments but that's just my opinion.
Playing the game smart is always preferable.
Know they enemy. Know thyself. Know the hill to die on. Victory will be thine.