Why Gold Still Matters

12/10/2019 Jeff Deist Keith Weiner

Central bankers dismiss gold as a relic, even as they buy up more of it. Politicians dismiss gold as money they don’t control and can’t expand. Holders dismiss gold as outdated tech. And investors dismiss gold as a static metal paying no yields.

So why does gold still matter? Why does it hold value over millennia? Why does it threaten inflationist governments? Why does it seem to be flowing West to East? Why does an ounce of it still trade for more than $1,000, if the critics are right? This is the comprehensive show on gold and its enduring role in today’s economy, with Keith Weiner of Monetary Metals.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.