Gold as Cash vs Traditional Bullion is Smart Idea or Waste of Premium?
I’ve been stacking physical gold for a while (mostly bars and coins), and recently I came across Goldbacks. They’re those thin notes with a small amount of real gold embedded in polymer.
On the surface, they look interesting, but I’m trying to understand where they actually fit compared to traditional bullion.
They look useful for small transactions or inflation proof money, especially if someone wants very low denominations of physical gold.