The Collateral War
My conversation with Jon Lindau on the new book — As Good as Gold: The Return of Real Money
I sat down with Jon Lindau of Silvertrade to talk through the argument at the center of the new book — that the international monetary system is no longer really a contest between currencies. It is a contest over collateral. Gold's repricing, silver's coming move, and the bimetallic frame that follows: we get into all of it.
The international monetary system is not built on currencies. It is built on collateral.
If you've been following the threads here on GoldFix — the official-sector buying, the reserve-asset re-weighting, the silver setup — this conversation ties them into one frame. Watch the full interview above, and read Jon's writeup at Silvertrade for the surrounding context.
Read the full writeup at Silvertrade: https://silvertrade.com/news/precious-metals/gold-news/as-good-as-gold-the-return-of-real-money-vince-lanci/
it's built on trust. just like currency or gold, collateral lends confidence or trust- trust in a store of value. trust, not money, makes the world go around. almost all human interactions are built on trust and exchange of one thing for another and trusting that those things are of equal value to the two parties. Think much more broadly than economics.
Bought 2 books yesterday on Amazon.
One for me and the other for my daughter who is studying finance.
Nice to have you at a fingertip distance to ask any questions.
Keep on truckin!!