Sentences with phrase «argument against gold»

Analysts who retain sympathy for the gold standard, like self - confessed «gold bug» John Mauldin, have always understood that the main argument in favor of gold is that it imposes an unbreakable trade and capital flow discipline — indeed that is also the main argument against gold — but many of them have tended to de-emphasize reserve currency economics mainly, I think, because this particular problem is to them subsumed under their more general concerns about money.

Not exact matches

Yet to the degree that there are many in the markets who share a similar line of thinking, it's worth registering that if you own gold, this profile and argument is essentially what you're betting against.

In these instances, I try to use the US dollar's performance against gold to prove the argument that the US dollar will not have to crash in the future to prove my point because it has already crashed!

You could make an argument for 5 % in gold as a good diversifier — although I'd argue against it as compounding will become a huge factor for your son later in life and gold doesn't pay dividends.

When I last wrote about gold, I discussed the argument for gold as a potential hedge against volatility.