Stock market

Money Is Gold, and Nothing Else!
Author Jim Rickards | Published by Goldbroker ™ | Oct 21, 2020 | Articles 614

Morgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “and nothing else,” was that other instruments purporting to be money were really forms of credit unless they were redeemable into physical gold.

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Gold And French Bond Market
Published by Charles Gave | Oct 18, 2020 | Articles 4831

Gold will always be worth something, whereas no one knows what a French treasury bond will be worth in 10- or 20-years’ time. Perhaps as much as a bond from Argentina, Greece or Venezuela? The slogan is therefore simple: French rentiers unite, sell your bonds and buy gold.

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