Questions

Has any 1 on here who has gold & silver bars & coins used it to barter and buy things with it?

Asked by Rob Vela, in Finance

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Answers

Sunil Upreti Senior  Digital Marketing Executive (SEO)
While it's not common in modern times for people to directly barter with gold and silver bars or coins for everyday goods and services, there have been historical instances and occasional reports of individuals using precious metals for bartering purposes. In times of economic instability or hyperinflation, some individuals may turn to gold and silver as a store of value and a medium of exchange when traditional currency loses its purchasing power.
May 12th 2024 14:45   
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