Contributed Commentaries
The truth about the gold standard and FedNow
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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In this presentation, CPM Group’s Jeffrey Christian discusses the decline in purchasing power of all currencies over time, and how a return to a Gold Standard would severely reduce gold’s attraction as an investment. He also discusses what the new FedNow Service is setup to do, debunking inaccurate comments by gold promoters about its purpose.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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