Tuesday , June 18 2024
Home / SNB & CHF / The Price of Gold

The Price of Gold

Summary:
Mark is not fooling around today. He looks back at the history of gold and its price, which some believe is too erratic and too unstable (like Bitcoin) to serve as a basis of a monetary system. Mark shows that it is not gold that destabilizes events in the real world, but rather real world events related to political decision-making that has made the price of gold unstable. The price of gold is a "minor" indicator of what governments are really up to. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content] Tags: Featured,newsletter

Topics:
Mark Thornton considers the following as important: , ,

This could be interesting, too:

Martin Hartmann writes Javier Milei: Der Beginn vom Ende der sozialistischen Weltherrschaft?

Akhtar Faruqui writes USD/CHF appreciates to near 0.8950 due to hawkish Fed, SNB Financial Stability Report eyed

Joseph Y. Calhoun writes Market Morsel: How “The Market” Is Really Doing

Raushan Gross writes How Bad Economic Policies Drive Out Good Entrepreneurs

Mark is not fooling around today. He looks back at the history of gold and its price, which some believe is too erratic and too unstable (like Bitcoin) to serve as a basis of a monetary system. Mark shows that it is not gold that destabilizes events in the real world, but rather real world events related to political decision-making that has made the price of gold unstable. The price of gold is a "minor" indicator of what governments are really up to.

Be sure to follow Minor Issues at Mises.org/MinorIssues.


Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *