Edible Gold

"Gold, gentleman, can be melted down and recast, is virtually untraceable...making it, unlike diamonds, ideal for smuggling...attracting the biggest and most ingenious criminals."
--Colonel Smithers (Goldfinger)

"You can't eat gold," some say. Well, you can't eat $20 bills, either. The issue is not the nutritional value of gold, but whether it serves as a better medium of exchange and store of value than paper currency.

On that basis there should be little doubt. Paper currency can be printed until there are no more trees. In fact, in the era of digital currency, there is no limit as to how much is 'printed.'

The supply of gold, on the other hand, is limited. It is also divisible, recognizable, portable, and durable. These are all desirable characteristics of money.

This is why people have always fallen back on gold as a reliable money for thousands of years.

The more accurate statement is that, over time, you can eat more of what gold will buy than what that $20 bill will buy.

position in gold