Price discovery in an age of paper (E1653)

In this episode of Keiser Report, Max and Stacy look at the official and ‘authoritative’ voices permitted to be published that are now warning of the high economic and life expectancy cost to lockdown measures. In the second half, Max interviews Egon von Greyerz of GoldSwitzerland.com about the impossibility of price discovery because of the paper gold market, in which $70 trillion is traded every year against $213 billion annual mine production.

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