Why is gold good money?

Because it possesses all the monetary properties that the market demands: it is divisible, portable, recognizable and, most importantly, scarce — making it a stable store of value. It is all things the market needs good money to be and has been recognized as such throughout history.  Gold is money when fiat money fails.

Bankers recognize this too, even if they officially deny it. Some analysts have speculated that the International Monetary Fund’s real clout is due to its large holdings of gold. And central banks around the world have increased their gold holdings over the last year, especially in emerging market economies trying to protect themselves from the collapse of Western fiat currencies.

The defamation of gold wrought by central banks and governments is because gold exposes the devaluation of fiat currencies and the flawed policies of government. Governments hate gold because the people cannot be fooled by it.

Why wait. buy physical gold now, yes now. Current Price $1771. Two months ago was $1604, a 10% increased !!!!. See posting below.