Intangible financial systems rest (simplistically speaking) on fundamental concepts of trust and reliability (aka what I expect to happen will happen).
Once these factors start to breakdown, all these intangible forms of holding wealth loose value. Gold remains as a significant reliable long term store of value.
Once these factors start to breakdown, all these intangible forms of holding wealth loose value. Gold remains as a significant reliable long term store of value.
Hence it’s worth maintaining by a nation.