Gold vs. Reality
Talking Real Money - Investing Talk
Don McDonald
4.5 • 810 Ratings
🗓️ 25 September 2025
⏱️ 27 minutes
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| 0:00.0 | Where do you find a clear signal in a world of static? |
| 0:03.2 | In a time of rapid change cut through the noise. |
| 0:06.2 | The Economist goes beyond the headlines to decode the forces shaping today and defining tomorrow. |
| 0:12.7 | Get the full story. |
| 0:14.1 | It's more than news. |
| 0:15.4 | It's a trusted global perspective. |
| 0:17.7 | The Economist know which way is up. |
| 0:25.6 | Thank you. perspective. The economist know which way is up. Reality Radio for a really great future. We're talking real money. |
| 0:31.2 | Well, people are a little crazy. You know that. You know they're nuts. But there's one thing we've been crazy about for thousands and thousands |
| 0:40.3 | of years. And I guess when we were initially nuts about it, there was good reason. But now |
| 0:47.8 | the reasons are fewer and farther between. Today, even though we hate to do it, we're talking about gold, that shiny, |
| 0:59.5 | malleable metal that people have used as a means of transporting wealth. That was what was the useful purpose of gold hundreds or thousands of years ago |
| 1:15.5 | before electronic banking. It was one of the few ways you could transfer large amounts of money |
| 1:21.2 | in a small, relatively rare form that everybody could agree had value. |
| 1:29.6 | And that's the only reason that it has value, it had value or it has value today, |
| 1:35.2 | is that just like the U.S. dollar, we agree that it has a certain value. |
| 1:42.6 | Pass that, it's just a rock. |
| 1:48.1 | Yeah. |
| 1:48.2 | You know, and here's the other thing it has. |
| 1:50.3 | It has from UBS, RBC Capital Markets, Goldman Sachs, J.P. Morgan, Van Eck have all recently |
| 1:58.1 | published positive comments about gold. |
| 2:01.6 | Guess what? |
... |
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