Macro View: Gold as Money

Billionaire investor Thomas Kaplan has a positive view on gold. He points to currency devaluation and rising global debt as major factors that could drive prices up. He sees gold not just as a commodity, but as a type of currency, especially during tough economic times.

Key takeaways:
Gold is viewed as protection against currency devaluation.
High global debt supports long-term demand.
Investors increasingly consider gold as monetary insurance.
Positive sentiment matches the wider uncertainty in the economy.

This perspective shows a growing belief that gold’s value increases when trust in traditional currency systems declines.

Do you think gold acts more like a currency hedge or just another risky investment in this cycle?
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