🔥 WHY PHYSICAL GOLD IS AN ILLUSION OF SECURITY 🔥
A month ago, he won a 1-gram gold bar through Robinhood.
The sender is APMEX, everything is 'official', beautiful, and supposedly reliable.
📄 Price on the receipt: $206.83
📊 Current spot: $160.80 per gram
He decided to check the real liquidity.
He went to the most reputable gold buyer in the city (5⭐️).
💥 Offer — $120.
Let's translate this into reality, without fairy tales:
• Purchase = $5,791 per ounce
• Sale = $3,360 per ounce
• Real spot = $4,498 per ounce
🤡 The difference eats everything.
🤡 The 'safe asset' turns into a loss even BEFORE the market.
Physical gold:
❌ huge premiums
❌ intermediaries
❌ zero liquidity for retail
❌ you get cut on both entry and exit
🟠 Bitcoin?
✔ transparent price
✔ instant liquidity 24/7
✔ no storage in safes
✔ no 'appraisers' and their moods
🤦🏻♂️ The most illustrative lesson in recent times.
He made a choice. $BTC > gold.
