Gold Coins In Demand! Why would gold coins go up in demand? Gold coins are the legitimate and recognized “REAL MONEY” coin of the realm, and when the massively printed paper money has lost the confidence of the people, then the last alternative is gold. When you think about it, how much does it cost central banks and governments to put another zero on a piece of paper? Zimbabwe has billion dollar bills, so obviously it’s easy to print zeros – counting them may be more difficult, and spending them even more difficult. Look at the symbolism on the paper bill – it’s a rock – solid and eternal being the implication. Which would you rather have?
Gold is limited in supply, requires hard word to find it, dig it up, smelt it, refine it, cast it into bars and coins and distribute it to its users. Paper is abundant and easily corrupted. History is replete with failed paper currencies – every single one that ever existed.
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