In my latest podcast episode on Gold, I discuss the record high gold price of over 2,000 USD/oz. seen in August 2020 with Darren Brady Nelson, Chief Economist of LibertyWorks and a policy advisor at the Heartland Institute.
Note that the gold price is highly volatile, and is now back down below 2,000 USD/ounce (see Gold price drops, down 3% on the day after Fed minutes push back on yield curve control program).
Links related to the conversation include:
Darren’s Mises Institute article How Fear and Uncertainty Drives Demand for Gold
Milton Friedman on the gold standard – Excerpt: The Man Who Knew