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A new gold standard is coming, brace for ‘monetary reset’ - Jan Nieuwenhuijs

Kitco NEWS
691K subscribers
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88K views 4 years ago
Excessive monetary stimulus, a by-product of an “undisciplined” fiat money system, will create problems for our economy as well as financial distortions, and the long-term solution is to move away from this system and re-adopt a gold standard, said Jan Nieuwenhuijs, gold analyst at The Gold Observer. “There are a lot of financial bubbles, there are excessive debt levels, inequality is rising, you’ve got moral hazards, all these side effects of a fiat money standard are not really what we want, and eventually we get a lot of monetary instability and I think then at that point we have to get back to a gold standard,” Nieuwenhuijs told Kitco News. 0:00 - Why a gold standard is needed 2:53 - How to transition to a gold standard 5:08 - Structures of a gold standard 6:40 - Race to the bottom with currencies 8:16 - Digital euro 9:35 - $10,000 gold target 10:55 - Monetary reset 11:54 - Silver supply and demand analysis is useless ___________________ …...more
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A new gold standard is coming, brace for ‘monetary reset’ - Jan Nieuwenhuijs
2.4KLikes
88,943Views
2020Oct 28
Excessive monetary stimulus, a by-product of an “undisciplined” fiat money system, will create problems for our economy as well as financial distortions, and the long-term solution is to move away from this system and re-adopt a gold standard, said Jan Nieuwenhuijs, gold analyst at The Gold Observer. “There are a lot of financial bubbles, there are excessive debt levels, inequality is rising, you’ve got moral hazards, all these side effects of a fiat money standard are not really what we want, and eventually we get a lot of monetary instability and I think then at that point we have to get back to a gold standard,” Nieuwenhuijs told Kitco News. 0:00 - Why a gold standard is needed 2:53 - How to transition to a gold standard 5:08 - Structures of a gold standard 6:40 - Race to the bottom with currencies 8:16 - Digital euro 9:35 - $10,000 gold target 10:55 - Monetary reset 11:54 - Silver supply and demand analysis is useless __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter -   / kitconewsnow   Google+: https://plus.google.com/u/0/116266490... StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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Kitco NEWS

691K subscribers