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MacroVoices #333 Harley Bassman: Inflation, Bond Yields, VIX vs. MOVE, Demographics & More

Macro Voices

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Should You Own Gold?

Gold is an alternate currency, nothing more, nothing less. It's a non liability asset that you could pick up in your hand. I think gold works over a very long horizon. A lot of people say, you want to hold gold because look at what's going on with central banks debasing the currency. Surely it has to mean gold explodes to the upside? But i don't believe that's going to happen,. The underlying thesis is that flawedrwhat's going on. Will gold be t five thousand some day? Ye, course it will. I just, i don't think it's good as you to morrow.

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