People trading in their gold for less than it would sell for on the open market to get paper money that hasn’t been backed by anything since the 1970s…
That doesn’t sound like the ideal choice, if you ask me.
In another show of people preferring instant money instead of waiting a bit for even more of a return on their goods, these parties have grown quite popular.
However, I can’t help but wonder if people realize that the paper money they are getting in exchange for their gold is no longer backed by gold. They’re trading something with solid worth…
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