The Rise and Fall of Gold

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Despite rampant money printing by central banks, the price of gold has barely increased. So why is that? Because it's been regarded as valuable for an enormously long period of time. In periods of very high inflation, you tend to see people flocking into gold. Also in times of economic uncertainty, like war or other sort of great economic shocks,. It tends to go up in value because people are fleeing from exciting assets like stocks or other places.

Little is known about why he fled across the border into the hermit kingdom, but securing his release will require some tactical diplomacy. Given the tense relationship between both countries, is Kim Jong Un prepared to come to the table? A look at research which suggests gold might not always be an effective hedge against inflation (08:52). And, why mountains stop growing (15:42).

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer