Why didn't people buy gold?

[Justice]

The value of fiat has been going down and the value of gold has been going up. Why didn't people just buy gold everytime they got paid in fiat after taking care of all their expenses?

 

[Med Amine]

i have some gold
just waiting for the time it becomes more and more expensive so i can sell it for very high prices

 

[Justice]

i have some gold
just waiting for the time it becomes more and more expensive so i can sell it for very high prices

Its already high.

 

[Med Amine]

Its already high.

it will get higher in the next 2 years
i know that for sure.

 

[KetamineAddictYoda]

gold isnt backed by the jew. fiat currency is

 

[Clarus]

The value of fiat has been going down and the value of gold has been going up. Why didn't people just buy gold everytime they got paid in fiat after taking care of all their expenses?

Generally a lot more would be made by investing in the stock market which is what people do more often.