Gold is the only real commodity that’s still around that can pay for the costs of keeping up with globalisation and technological change.
In an era when currencies and credit are all tied to one another, gold can still be a real currency and an effective payment system for many things.
But it’s also becoming a thing of the past.
The latest from MintPal: The world is becoming more digital, and that means there’s a whole new class of commodity that can be exchanged for the new stuff.
This article is based on an interview with MintPal’s Matthew DeMint, co-author of Gold: The Gold Standard.
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