2min chapter

The Tim Ferriss Show cover image

#356: Peter Mallouk — Exploring the Worlds of Investing, Assets, and Quality of Life

The Tim Ferriss Show

CHAPTER

What Is the Strongest Counterargument for Gold?

Of the arguments for gold, what what is the most compelling? I think when you see the smart people who are really progold, that their main argument tends to be, the economic system is a house of cards. But i agree it's manipulatedi mean, that the federal reserve exists to help manipulate the economy. That's why it's there. The same thing is happening across all developed countries. Most developed countries have a lot of debt. Some day that debt will have to be paid, we're going to have extremely high inflation. Currencyis going to be worthless, and people will be using gold as the store of value, as currency. So now i'm going to walk out

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