Korelin Economics Report

Peter Schiff, Rick Rule, Marshall Auerback, and Cullen Roche debate gold

We all know that gold is a highly sought-after precious metal and obviously not just for ornamental purposes. The first use of gold as money occurred around 700 BC when Lydian merchants produced the first gold coins.

In fact, gold has always had value to humans, even before it was money – this is clear when you look at the extraordinary efforts that man has gone to obtain it. That’s why we decided to make an extraordinary effort of our own to better understand it.

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