A lot of discussions in the news about the potential return to the gold standard after the collapse of the dollar or the petro-dollar standard. The fact of the matter is that central banks love booms and busts. Gold prevents them from booming and busting the markets.
Gold cannot be printed from thin air. It’s scarcity scares. Central banks cannot create trillions in debt using the gold standard. Again, it cannot be mined from thin air. The printing presses at central banks do not print gold.
If central banks agree the return to the gold standard, how long it takes for them to break up again.
2 thoughts on “Gold means stability.”