Hello! Welcome to the gold edition of Sleep Money Swag, your guide to all things that don't

cash flow and yet might also be considered investments. I am Felix

Simon of Axios. I am joined this week by Justina Vasquez of Bloomberg.

How's it going? Thanks for having me. It's great to have you here in Brooklyn.

What is your job at Bloomberg?

I cover gold markets for Bloomberg.

Gold markets, silver, and kind of all of the precious metals.

All things precious.

Indeed.

Is it fun?

It's fun.

It's a lot of watching the macro economy and the incremental parts that make people really

afraid or really excited.

So we are going to talk about gold as an investment, whether it makes sense as an investment,

how long it has been an investment, whether it is a money laundering tool, whether you should buy physical gold itself,

whether you should buy ETS, which are a way of turning gold into stocks, basically,

and all manner of other sexy things. The main thing I learned in

this episode is that the most popular gold coin in Europe is called... The Philharmonic.

What an amazing name. is called... The Philharmonic. The Vienna Philharmonic. How awesome is that? If you want to buy a European

coin, you can buy a Philharmonic coin. I mean, who can resist that? All coming up on slate money swag.

This is the bit which I've been waiting for because I feel like everything else we're talking

about on this season, whether it's art or Bitcoin or wine, is this kind of new-fangled, like,

...