Special: Trump Will Monetize Gold's Value

Thoughts After Reading Grant's

Having read the latest excellent and thought provoking piece from James Grant, here are some original thoughts on his current newsletter’s top story entitled “Money Was On The Ballot” in context of the election and Gold’s “worth” under a Trump administration

---

Contents: (1600 words)

1. Intro: Election Day Reflections

2. Gold Needs A Surrogate.. or Does it?

3. The Dollar: From Gold Standard to PhD Standard

4. Gold’s Value Reconsidered

5. Gold May Fix Things For Us Again.

6. Minor Distractions

7. What’s it Worth to You?

8. Dollars in Ounces, Not Ounces in Dollars

9. Value not Price

10. Final Comment: Gold Must Be Monetized

11. PDF Book: Monetary Policy Under McKinley

Intro: Election Day Reflections

The title piece of the latest Grants newsletter starts out saying that “the market’s a voting machine in the short run but a weighing machine in the long run,” famously attributed to Benjamin Graham and setting the tone for understanding the unique role of gold as the article continues.

However, he correctly notes; value investors often steer clear of gold as an asset. We would only add this is a western phenomenon of late. The East has no qualms with Gold as an asset.