2min chapter

Tom Bilyeu's Impact Theory cover image

US Banking Crisis: The Truth Behind The Disaster & How It Will Get Worse... | Robert Breedlove

Tom Bilyeu's Impact Theory

CHAPTER

The Different Types of Gold

Gold supply is inflating in a competitive marketplace. It's not a legal monopoly that says we're going to inflate gold 2% per year. The marginal cost to produce a unit of gold tends towards the marginal price of gold in the marketplace. So if gold's trading at $2,000 an ounce, then every market actor is directly incentivized to mine gold right up until the point that they're spending $1,999 per unit of gold and going out and selling it for one cent profit.

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