Click here to get this article in PDF
MarketWatch/Jared Dillian
“I’ll be frank: I would like the U.S. to return to a gold standard, but that is never going to happen. So we’re stuck in a world of unlimited quantitative easing (QE) and other Fed funny business. Which means this is a world where you want to own gold. Yes, I think it’s a little weird that people invest in shiny rocks. However, this has been going on for up to 5,000 years. Some people say technology will change that. Yet it keeps happening.”
USAGOLD note: People have to value something as an ultimate repository of wealth and history has given the shiny rock that role.
Repost from 5-8-2020