ty fellow anon
it's a fag in a mask
gold standard just means your dollar bills are worth a certain amont of gold that doesnt change so your money isnt devalued
you're a faggot if you dont think this is funny
the real idea when you buy gold is your money won't be devalued
so if you have 100$ of gold you can buy the same things with it in 10 years
you don't buy it for gainz, if the dollar crashes everything goes with it
conventional wisdom is to have some percentage of your savings in gold, and if everything takes a shit you won't go broke
silver does the same thing although there are fags waiting for it to moon
dont buy paper/electronic stock market gold, buy physical gold, preferably American Eagles
have some gold, have some silver, have some physical USD, have some crypto if you understand it
it's a "hedge" against dollar/economy/stock market crashing. people have different ideas on how much of your "portfolio" should be gold
just look it up, "what percentage of my portfolio (savings) should be gold?"
we came off the gold standard because there ws too much debt and not enough gold to pay it and everyone knew. Nixon took us off the gold standard but there was no choice by then.