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The value of gold and digital currencies

Commentaries & Views

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In this video, CPM Group's Jeffrey Christian debunks the idea that the value of U.S. gold is determined by the Federal Reserve Board. Jeff also debunks the rumor about the New York Fed issuing a "new digital currency." He discusses why that cannot be true, and what the New York Fed actually did.

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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.