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Here’s One Reason Gold Is Money
Gold is money. Gold has been money for thousands of years. And one of the reasons gold is money is because it’s immutable.
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Gold is money. Gold has been money for thousands of years. And one of the reasons gold is money is because it’s immutable.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Does gold still matter? A lot of people dismiss gold and precious metals as irrelevant to the world monetary system. But how can money be irrelevant? Liechtenstein-based Incrementum AG managing partner Ronald-Peter Stöferle joined Mises Institute president Jeff Deist to talk about all things gold, including why it is still money and an important part of […]
Remember when Bitcoin was knocking on $20,000? Today it’s it’s in a freefall, trading in the $6,000 range. Crypto markets tumbled again last week after Japan’s financial regulator ordered several cryptocurrency exchanges to beef up anti-money laundering practices. The move prompted the country’s largest crypto exchange to suspend creation of new accounts. Bitcoin fell nearly 9%.
Why should you buy gold? A report published this week by the World Gold Council pinpoints four key reasons. Gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good as much as an investment. As such, gold can play four fundamental roles in a […]