Making money scarce and putting faith in the tried and tested system like the gold standard versus the nascent digital store of value that are cryptocurrencies.
It certainly gave me some things to think about.
Simon Mikhailovich, founder of The Bullion Reserve, argues that only gold is a true safe haven against financial calamity. Through a series of rhetorical questions, he explores why gold has outlasted every other form of money over the course of human history.
Mikhailovich breaks down the history of money and explains how gold became the navigational beacon of the monetary system. Finally, he says that the next three decades will not be like the last five and that it could be time to “outfit your portfolio for turbulent seas.” Filmed on October 1, 2019, in New York.
Real Vision™ is the destination for the world’s most successful investors to share their thoughts about what’s happening in today’s markets. Think: TED Talks for Finance. On Real Vision™ you get exclusive access to watch the most successful investors, hedge fund managers and traders who share their frank and in-depth investment insights with no agenda, hype or bias. Make smart investment decisions and grow your portfolio with original content brought to you by the biggest names in finance, who get to say what they really think on Real Vision™.