Jim Rickards and Alex Stanczyk, The Gold Chronicles April 2018
In this episode of the gold chronicles, our entire discussion is focused on the common objections to owning gold, and using a gold standard for monetary policy.
*There is not enough gold to support finance and commerce
*The gold supply doesn’t grow fast enough to support economic growth
*Gold has no yield
*Gold causes depressions and panics, particularly the great depression
*Gold has no intrinsic value
*Gold is a Barbarous Relic – John Maynard Keynes
You can follow Alex Stanczyk on Twitter @alexstanczyk
You can follow Jim Rickards on Twitter @JamesGRickards
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