Gold was on a tear in August. People, investors, and central banks around the world were buying more and more, in large part because it’s seen as a stable alternative to the dollar, or to any currency. But…why? Why gold? What makes it so special? Friend of the show Jacob Goldstein wrote a book called Money: The True Story of a Made-Up Thing, and he explains the real, physical reasons why we love gold so much, and the long history of our collective obsession.
Further Reading
Money: The True Story of a Made-Up Thing, by Jacob Goldstein