The Gold Chronicles

The Gold Chronicles Ep:78 Jim Rickards and Alex Stanczyk


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The Gold Chronicles Podcast November 2017 topics:

*Understanding golds utility value
*First Principles regarding gold
*How wealth is created
*Why wealth can also be viewed as energy
*Defining money
*How money is a form of storing energy (wealth)
*How investments also store, but also leverage energy (wealth)
*Basic energy inputs which create a good or service that the market will pay for can all be calculated mathematically
*Gold is the only form of money or investment that is indestructible and completely immune to the forces of entropy
*How confidence and agreement is a key component of money
*Summary of theories of intrinsic value (total inputs), Marxist surplus labor theory, Menger's subjective value theory
*Subjective value leads us back to confidence as a key component of money
*Why central banks are accumulating and stockpiling gold
*Greenspan on gold
*How to create your own personal gold standard
*Australia's institutional market warming to gold
*Probability of Fed interest rate hike in December update
*Power consolidation in the House of Saud
...more
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The Gold ChroniclesBy The Gold Chronicles