Well, some people do buy gold as a hedge against society going south really badly, and in that case an EFT isn't going to be any help.
Mind you even having possession of it isn't really that important, it's being able to keep it. Unless you can protect against a gang of thieves shooting you and taking your gold away, possession in your basement is just as useless as possession on paper.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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