Economics Explored

Gold with Darren Brady Nelson

Episode Summary

Why did the gold price surge to above 2000 USD/ounce in early August 2020?

Episode Notes

Economics Explained host Gene Tunny discusses the drivers of the gold price with Darren Brady Nelson, Chief Economist of LibertyWorks and a policy advisor at the Heartland Institute. 

Links related to the conversation include:

Darren's Mises Institute article How Fear and Uncertainty Drives Demand for Gold

Sudden Media Infatuation With Keynes' "Barbaric Relic" - Gold

Keynes vs Hayek rap battle

Milton Friedman on the gold standard – Excerpt: The Man Who Knew

Historical gold price data at measuringworth.com