Gold no longer a store of value? Fed's distortion of money

in gold •  4 years ago 

I can't take credit for this. Listen to Michael Gayed, great speaker. Essentially, we have to ask the question if the Central Banks' policies of "real" negative interest rates have distorted (I'd say perverted) financial marketd that there are no stores of value left?

  • ideas for future learning if you're unfamiliar with the difference between nominal and real (most people are and it's no surprise):

The CPI (official government inflation metric Consumer Price Index) has been manipulated over time and most economist ridicule. Check out Shadowstats if you want a glimpse at "real" inflation numbers.

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