I would have $500 Billion in Dollars.
I would have it in gold.
Its easier to buy things with money than gold. ;)
People may say you can allow inflation or whatever to raise the value of that gold and then you can resell it, but after having a certain amount of money, you really shouldn't need any more. And this number...500 billion...surpasses that number.
With $500 Billion in your bank account it would be much simpler to spend and invest in things
You know you could just.... buy some gold with a couple of your billion dollars if it struck your fancy...... To say the price of gold would increase if you got 500 billion dollars worth of it also applies to actual money, so there is no reason to get it in gold. Just buy a bit of it with normal money.
much easier to spend
Easier to use
the price of gold goes up or down each day, yes the dollar fluctuates on the exchange rate but is still stable in the nation. also you can get like $200 billion in gold with the $500 billion in dollars that you have.
I can use the gold for more than spending. I've always wanted a bust of myself made of pure gold...
Gold has more value than paper.
I don't think the prices fluctuate as much.
There is a reason Countries fill their vaults with gold and not paper. The Gold standard is now long gone but Gold prices are driven by market forces. Almost every country, including the United States, is now on a system of fiat money, that is money that is intrinsically useless as it is only used as a medium of exchange. It's value set by supply and demand. Quantitative easing (printing more) devalues it.
To alleviate the potential of depressed value in the US dollar, and the future possibility of returning to a gold standard for valuation - I choose gold. Sell some (say $20M worth), buy all you ever want and have rest well protected -
LOL gold is worth something, im not stupid.
Gold keeps it's value, dollars are paper. Of coarse I should have said place to put it first.
Gold will hold its value