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Objections To Gold As A Monetary Standard: 6 Myths
* Not enough gold to support finance and commerce.
* Gold supply does not grow fast enough to support growth.
* Gold has no yield.
* Gold caused the Great Depression and financial panics/crashes.
* Gold has no “intrinsic value”.
* John Maynard Keynes called gold a “barbarous relic”.
None Of The Arguments Against Gold Stand Up
* Five of those points are false.
* One of them is true, but it’s supposed to be true.
The full webcast is linked below.
James G. Rickards | As Good As Gold Australia Conference (Adelaide, South Australia; November 2017)
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