Is Gold the Next Bitcoin?

The Ayn Rand Centre UK invited Monetary Metals’ CEO Keith Weiner on their show, The Daily Objective, hosted by Jonathan Hoenig and Seth Levine. In this episode, Jonathan and Seth ask Keith his thoughts on the gold market, NFT’s and cryptocurrencies, and whether or not the broader macroeconomic background is favorable to gold. They discuss the differences between gold and bitcoin, including the advantages and disadvantages of each.

In addition, Keith elaborates on the gold bond issued earlier this year, how clients earn interest on their gold and the prospects for future interest-earning opportunities. Click below to watch the full show. Let us know what you think in the comments below or in the video comments.

 

2 replies
  1. Jim says:

    I have heard it said that the root cause of the many problems in our society (in United States) is the disintegration of moral character. I agree completely. As such, my reason for placing my wealth in gold is to uphold my moral integrity. Purchasing precious metals is a moral means of preserving wealth, whereas, as Keith has often noted, the dollar based investments are based on a fraudulent monetary system and therefore are immoral, e.g. the use of debt without the intention of repaying or depositing wealth without knowing that it will be used for speculative investments, etc. In other words, I look to gold as a just and moral means of preserving my hard earned wealth without being involved in fraudulent activity. I don’t care about making big profits by investing in stocks or bonds, or anything else, if it means being involved in fraud. That’s my bottom line.

    • Dickson Buchanan says:

      Well said Jim. The morality component doesn’t get nearly as much airtime as it should (another sign of the times). The worst part is that there isn’t a truly independent alternative, except for what we’re trying to create here at Monetary Metals. Thanks for reading and for commenting!

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