More People Will Recognize Gold’s Importance

Gold is Much More Than Just a Metal!

Paul Tudor Jones is one of those billionaire hedge fund managers.  We caught him on CNBC the other day and wanted to share a few of his observations.

Put simply, Jones says, “I believe gold’s value will continue to rise as more people recognize its importance in the financial system.”

After all, gold is “not just a metal!”

We cited Jones a little over two years ago when he made it clear that he didn’t think inflation was transitory as the Federal Reserve insisted.  At about the same time, he charged the Fed with “the most inappropriate monetary policy that I’ve seen maybe in my lifetime.” 

 That’s easy to agree with.  

And it is not just monetary policy that has his attention.  Fiscal policy – Washington’s spending and debt – has him equally concerned.  Jones says the US today “is probably in its weakest fiscal position since certainly World War II” with our debt was 122 percent of GDP.  

At the same time, the debt-t0 GDP ratio is back in the nosebleed section where it was after World War II, higher interest rates will make funding all that debt — $33.5 trillion – much more difficult.” 

Says Jones, “As interest costs go up in the United States, you get in this vicious circle, where higher interest rates cause higher funding costs, cause higher debt issuance, which cause further bond liquidation, which cause higher rates, which put us in an untenable fiscal position.”

But our challenges are not just fiscal and monetary.  Jones describes us as living in the most threatening geopolitical environment he has ever seen.  We have geopolitical challenges that could ultimately erupt into nuclear war, he says. 

We now have possibly three theaters where we’re going to have geopolitical challenges. We’ve got the Middle East and Israel, obviously, Ukraine and Russia and then at some point down the road, Taiwan and China.

You have four nuclear powers, three of whom are led by sociopaths, and that would be China, Russia and North Korea.

It is at times like these that people begin to realize that gold is not just a metal!

Here’s a link to a portion of Jones’s CNBC interview.  It is worth a view. 

Be sure to speak with a Republic Monetary Exchange gold and silver specialist now.  Don’t wait until everyone realizes the necessity of owning gold!