Investing in Gold

May 1, 2023

Mark discusses something bigger than the Disney layoffs: the Wall Street Journal's April 25 frontpage article on investing in gold. It would seem that the recent rise of the price of gold is the result of tired, dumb, and disillusioned crypto currency investors throwing in the towel to "chase shiny new object—gold." Mark explains that the rational reasons for investing in gold loom larger than the entire Magic Kingdom!

Courtesy of Mises.org

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.
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