Gold....If the truth be known, it is real money, not only tradition. A Pet Rock? If you want it to be. It is a free country.

For what it might be worth,

My position on gold as a monetary asset might be that we live in a debt based fractional reserve system where there are multiple claims on the same asset, be it an ounce of silver, or a FDIC insured deposit. The banks have roughly 10-20 times leverage in the fractional reserve system while the COMEX has 300 times leverage on precious metals. The funny part is, that Central Banks call Gold a Basel III Tier 1 asset as supreme collateral. Funny how that is, using a pet rock in a debt based system. In other words, an asset with inherent value with no counter-party risk as your supreme collateral for yourself (banks), while the citizens are only afforded "debt" or the 'willingness to pay' as their asset. Seems fair doesn't it? Meanwhile, the citizen's debt based asset is leveraged up to 300 times with 300 claims by others on its value. Then comes the question of how the Citizen's counter-party is going to pay up on the fractional reserve debt should interest rates rise? That is, if their asset is to be made whole. The gold is for them, not you. Supposedly, Blockchain honesty will stop these multiple claims, as an asset can only be sold once, and only sold once if one has possession. Glad we got that out of the way.