Ben Fraser lays out the gold bug case: inflation, money printing, a perfect storm. Bob Fraser disagrees, saying gold won't surge despite the macro environment. He shows off a 2006 Gold Buffalo coin and explains why the hype misses something.
I feel like right now is the heyday of all the gold bugs that are, you know, touting that gold is the ultimate inflation hedge because that's kind of what always comes back to, right? It's gold is your hedge against the stupid government, right? And so now is a great time. The government is printing a lot of money. We're seeing really high inflation. Gold is just pent up, ready to just blow up in price, right? It's just, it's just perfect storm for gold. And we have a hot take. We don't think it's going to, it's going to do that. So share a little bit of your story in gold.
Yeah, let's, let's give a little background because, you know, well, one, I mean, I love gold, right? I love gold. So I actually brought a little gold coin here. And this is a, this is a 2006 gold bullion. This is a buffalo coin. And it's got a beautiful picture of a of a buffalo back there, designed, I believe, in 1917. And here is a beautiful Indian head.
