Gold: Old Money in new skins

Since the financial crisis, investors and central banks have increasingly focused on the price of gold again. This development reflects the loss of confidence in the international monetary order and the underlying credit money system.

Gold has a 2500-year history as money and has seen all government and money systems come and go. Gold can also regain an important role in the future.

Please note: This study is available in German only. (Reading time 40 min)