[dmingod666]

Vast quantities of gold hold value still in the same way as before, only that it's done by very large organisations. This too is a western phenomenon. Indian Households currently own 25,000 tons of gold( one of the largest reserves anywhere) - China isn't too far behind AFAIR.

[humaniania]

That's because those countries have the largest populations of new money rubes to sucker into buying shiny objects.

[dmingod666]

Oh, the contemptuous disdain dripping in this comment.. somehow feels like the early 1900s pride of the British Empire.. just sounds very awful tbh.