Warren Buffett’s case against gold has endured because it identifies a genuine weakness: traditional gold ownership generates no income and adds no ounces to an investor’s holdings.
However, a sound argument can become incomplete when one of its underlying assumptions changes. For the past 10 years, gold owners have...
Disclosure up front, because you deserve it: I have served on the board of directors of Monetary Metals since 2018. I am also a shareholder and a client—I earn interest on my own gold through the company’s leasing and lending program. Read...
Saving money doesn’t work like it used to because the monetary system has stopped reliably rewarding it.
In “The End of Monetary Hedonism,” Jeff Deist (Chief Risk Officer at Monetary Metals) describes how his grandfather approached money.
He earned a modest paycheck, spent less...
Diamonds seem like they should make excellent money: they're scarce, durable, portable, and widely recognized as valuable.
In fact, they're among the most desirable objects on Earth.
So why did civilizations throughout history independently choose gold as money instead?
Gold possesses a unique combination of characteristics that make it...
