
SLP357 Lawrence Lepard The Burning House of Fiat
Stephan Livera Podcast
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Paper Gold, Paper Oil, Paper Gold - What's the Mechanism?
In the gold area, we think that there're between 50 and perhaps as many as a thousand ounces of paper gold for every one ounce of gold that really exists in the world. So to some extent, none of these markets are truly free. And an gold is a fire alarm. Just like luk groman coined this phrase, just like bit coin is a fire alarms,. bitcoin is probly the only fire alarm that still works.
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