The gold market is not much different from hiding money in proverbial coffee. Yes, the increase in gold signifies a little or a lot of economic decline.
The upward orbit of the yellow metal in dollars brings to mind a weekly concentration of old in Caltech. The teachers would not talk about the experiments that worked, they would probably enjoy those who did not. Which failed. As Professor Caltech Carver Mead put it on George Gilder for these advanced minds, if all your experiments work as expected or desired, “you have learned nothing”. Yes, it’s like buying gold.
Of already. That is why it is so attractive in periods of uncertainty about the world or the coins of the world. Gold is as stable as wealth that does not move up or down as the coins at which prices are moving up and down, only for golden constant to reflect this truth.
Gold is a beautiful mirror, but also a critical. Does not tell us about himself, since gold is already goldBut it is stings for President Trump and Finance Minister Scott Bessent. Either because Trump simply wants a weak dollar (always has), because Bessent as the dollar mouthpiece is practicing what the late George Melloan described as “absence of policy” in the form of “well -being” for the dollar or both, the dollar is in decline. This is the message of gold, which once again moves up or down to the extent that the dollar on which it is priced moves up or down. With a golden ounce at all high $ 4,000, this is the way of the metal to say that the dollar is at all low levels.
Another thing about Gold’s message. Whatever readers, it would be very wise not to “adapt” the price of gold for inflation. Gold is again stable. That’s why world markets happened in a long time, long before as a definition of money par excellence. What is not moving is the best way to set money precisely because Money’s only purpose is as a measure intended to facilitate the exchange of real wealth: Think of goods, services, work. At this point the act of adjusting the gold price for inflation is the equivalent of adaptation of the 1975 foot for the foot of 2025. Sorry, but there are no firm adaptation.
All of this allows us to look at the sad meaning of the significant decline of the dollar reflected in gold. Shouts in crisis not in the future but in the invisible of present. Seriously, how to think about what is not known, what is not experimenting, and progress is not because confidence in the dollar is decreasing so as to increase the offsetting of the decline of the dollar through gold markets?
To answer the question, we only need back to Carver Mead. Progress is born of information and information is born of relentless, often expensive experimentation that to tell us often that our affairs were wrong, puts us on the way to the discoveries of information that create wealth for what is right.
The crucial for this is that gold is not such a discovery. When we buy gold is the same as doing nothing. Gold as a steady measure of wealth is again knownWhich means that more dollars flowing into gold is just less dollars that match the people who intend to create a better, richer future through the discovery.
So no, gold is not an investment. How can it be a safe haven to protect existing wealth to be an investment? In fact, it’s just wealth, once again as if placed in a coffee container.
