reply on: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle? \ stacker news ~econ

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52 sats \ 0 replies \ @Rothbardian_fanatic 26 Nov \ parent \ on: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle? econ

I think we are going to find out shortly where gold is relevant or not. BRICS look like they are going to use gold and other commodities in a basket to support their currency. It looks like they are trying to collapse the paper markets at COMEX and LBMA. This looks to be a medium term (6 mo to a year) sort of thing.