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If a person can be stuck paying negative interest on cash balances, perhaps Gold will become a better alternative to cash for storing large amounts of digital "wealth." One would have to weigh gold storage charges against cash storage charges, also taking into account the possible long-term effects of fiat money printing on the cash price of Gold in the future.

As for the storage fees, if safe deposit boxes are rented by volume, not by weight, Gold would be much superior to cash, since one can store many more fiat dollars' worth of digital "wealth" in a much smaller, denser space with Gold.

One can almost conceive of a future in which owners of Gold might be able to "rent out" their Gold Bullion to banks or others in need of "hard reserves," thus changing Gold from a "non-yielding to a yielding asset."

In a world where fiat cash is a "negative yielding asset," then a "non-yielding asset" such as Gold, being at least neutral, could be construed as an asset creating positive returns - in contrast to cash.

Maybe the Mad Hatter can lead us out of this crazy topsy-turvy Wonderland casino.

On the other hand, maybe not.
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