For anyone who is interested to understand what money is and what’s happening to it, I strongly recommend you listen to these two presentations.
Simplicity – Grant Williams on gold
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For honest money and social progress
Interesting stuff, and some useful pointers, especially towards the end of the second presentation.
It’s not exactly disinterested advice, though, and I’m always a bit wary of people who plot the gold price in nominal, rather than real terms.
Keep up the good work – this piece is strong – fundamentals are solid – fantastic work. MRG should be more wary of Eastern Central Banks and their data manipulation over nominal v real pricing of gold.
Fear not. I don’t trust Central Banks either :-)