The problem is not how many people are willing to accept gold it is there are not enough people willing to pay with it.
Very large financial transactions on multi-currency, multi-nation, trading markets use Gold and Oil Futures as currency.
There are storage facilities around the globe that will actually move physical gold from one private 'vault' to another and confirm the transactions. The end user has an interface similar to online banking and doesn't have to leave their desk.
Very large financial transactions on multi-currency, multi-nation, trading markets use Gold and Oil Futures as currency.
There are storage facilities around the globe that will actually move physical gold from one private 'vault' to another and confirm the transactions. The end user has an interface similar to online banking and doesn't have to leave their desk.