GoldCore

For JP Cortez, sound money is money that preserves its value and purchasing power over long periods of time. He argues that gold and silver have fulfilled that role for thousands of years in a way that fiat currencies have struggled to match. @JpCortez27 youtu.be/A_JXx3krJcw

JP Cortez argues that inflation changes the meaning of saving. When the purchasing power of currency steadily declines, simply holding money is no longer enough to preserve the value of what you have earned. @JpCortez27 youtu.be/A_JXx3krJcw

China’s interest in gold is frequently discussed in terms of reserves. @DrStephenLeeb argues that the more consequential story is the infrastructure being built around those holdings, including exchanges, vaults, clearing and settlement systems. youtu.be/s8NHd3eVHjo

@DrStephenLeeb sees the end of the gold standard in 1971 as more than a change in monetary policy. He believes it removed a discipline that had forced governments and businesses to think beyond the next political term or financial quarter. youtu.be/s8NHd3eVHjo

Gold does not need economic conditions to be dramatic in one particular direction. @DrStephenLeeb argues that its value lies in providing protection against monetary extremes, whether the eventual outcome is serious inflation or prolonged deflation. youtu.be/s8NHd3eVHjo

“The only way you could really grow an economy was by making your people more productive.” @DrStephenLeeb connects the end of the gold standard with a gradual move away from productive investment and towards growth sustained by expanding money and debt. youtu.be/s8NHd3eVHjo

“They really are setting up an alternative architecture.” @DrStephenLeeb explains why sees China’s exchanges, clearing systems and gold infrastructure as parts of a long-term attempt to build a financial system that is less dependent on the dollar. youtu.be/s8NHd3eVHjo

“Gold does have a spiritual aspect to it.” @DrStephenLeeb argues that gold’s monetary authority comes from more than scarcity. Its beauty, durability and place across religions and civilisations have given it a cultural permanence few assets possess. youtu.be/s8NHd3eVHjo

“Nothing historically has been better protection financially than gold, physical, physical gold, period.” @DrStephenLeeb explains why he believes gold can preserve purchasing power during deflation as well as inflation. youtu.be/s8NHd3eVHjo

@DrStephenLeeb sees declining political trust and the weakening of monetary discipline as parts of the same story. When governments lose the confidence of their populations, he argues, financial credibility eventually comes under pressure too. youtu.be/s8NHd3eVHjo

Investors often treat waiting for clarity as a neutral position. It is not. Holding on to an old strategy while the environment changes leaves a portfolio exposed to assumptions formed in a world that may no longer exist. youtu.be/im7K_HRR5Ag

Gold’s initial weakness during an oil shock is not necessarily evidence that it has lost its role. Markets may first focus on inflation and higher rates, before turning to the damage those rates inflict on growth, debt and confidence in monetary policy. youtu.be/im7K_HRR5Ag