roy: “ True gold ownership, I felt, was manifest through the bullion markets, where monetary gold was acquired and sold every day to the tune of billions of dollars. It was only on the trip to Asia and through reflection on global gold flows that I realized this view was flawed. The low margins over pure gold value in the East on jewelry meant that it wasn’t jewelry that was being acquired, but gold. When re-analyzing the flows, it became obvious to me that most gold mining flows into the jewelry market.” →surprising that this knowledge seems to have been lost.

2nd: Was gold coin currencies ever very popular in human existence i wonder? Or were humans have mainly always used government paper notes? maybe there was a few shortlived attempts at government issued gold coin currencies