Transactional Gold

MoneyMan's Avatar
MoneyMan · in Economic Roundtable
5 comments 541 readers
MoneyMan's Avatar
#1

Transactional Gold

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Transactional gold and silver legislation should allow any citizen, business, or legal entity to utilize an official Bullion Depository to buy, sell, or store their own gold and silver.

By using existing debit card technology, users can seamlessly make everyday purchases or pay bills with gold or silver. 

Participation is optional. It is just another safe, secure way to pay!

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DavidB's Avatar
#2

This is interesting, I'll look into it. Thanks!

Nomad's Avatar
#3

This is an interestingly concept but I am not sure how it can be implemented giving the condition that prices fluctuates too frequently. In our country, you can buy and store gold and silver and sell them when you want cash.

Ja sa bong's Avatar
#4

I'm not a fan of gold investment. This is because it's too volatiles when looking at the price fluctuations of the asset. It's why I try to overlook putting any of my money in gold for now.

MoneyMan's Avatar
#5

On Jun 25, 2026, Ja sa bong said:

I'm not a fan of gold investment. This is because it's too volatiles when looking at the price fluctuations of the asset. It's why I try to overlook putting any of my money in gold for now.

Volatility is better than always losing purchasing power. 😉

Prospector49's Avatar
#6

On Jun 25, 2026, Ja sa bong said:

I'm not a fan of gold investment. This is because it's too volatiles when looking at the price fluctuations of the asset. It's why I try to overlook putting any of my money in gold for now.

This is only true if you're a short-term trader. If you look at a chart from this century, 2000 and onwards, the trajectory is upwards. It has its ups and does and sideways moments but overall it's been on a continuous upward trend that has outpaced even the stock market's record highs.

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