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May 2023
27m 47s

The Long-term Bullish Case for Gold

J. David Stein
About this episode

Why you should allocate a small percentage of your assets to gold.

Topics covered include:

  • What is money, and how does gold fit with that definition
  • Why central banks bought more gold last year than at any time since 1967
  • Which central banks own the most gold and which are increasing their gold holdings
  • How fast is the gold supply growing compared to the U.S. dollar money supply
  • How financialization, greater leverage, and contagion risk should motivate us to consider gold


For more information on this episode click here.

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Show Notes

Central banks load up on gold in response to rising geopolitical tensions by Daria Mosolova—The Financial Times

Above-ground stocks—Gold Hub

Central bank holdings—Gold Hub

Does the Federal Reserve own or hold gold?—The Federal Reserve

Trey Reik—LinkedIn

M2 and Components—FRED

Gold Charts R Us

Related Episodes

37: Gold – Without the Hype and Politics

53: Should You Invest In Bitcoin?

59: Is Gold Money?

263: Should You Invest In Gold?

344: Why Should You Care About Shadow Banking?



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