
Honest Money: The Power of Gold in Monetary Systems
Stansberry Investor Hour
The Role of Gold in the Banking System Today
The speakers discuss the role of gold in the banking system today, highlighting that there is no redemption as no bank deposit is a gold deposit. They share experiences of individuals who worked at the Federal Reserve, who stated that gold was never a consideration. They also touch on the devaluation of currencies against the US dollar and how gold remains strong.
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