It would apply if gold were legally enforced and usable as a currency, but I don’t think it is.
It does apply to forex speculation, though.
OK, so investors buying and holding gold do not cause the problem.
It would apply if gold were legally enforced and usable as a currency, but I don’t think it is.
It does apply to forex speculation, though.
OK, so investors buying and holding gold do not cause the problem.