"Gold is the only answer"

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"Gold is the only answer"Gold FuturesCOMEX:GC1!norokWhen you read doomers assure you that the world is about to end and there is only one (well, two now with Bitcoin) assets that are the only, best, and final solution... just remember that markets may change but people do not. "The aim of the supply-siders is nothing less than a commitment from the Reagan Administration - and the Federal Reserve - to move toward a dollar that is convertible into gold. The objective is to win this commitment to a gold standard by the end of 1981, although the process of negotiating and designing a modern international gold standard would no doubt take a year or so. As unlikely as it may seem that this objective can be met, the chances for gold increase dramatically as the failure of the monetarists continues. Gold is the only answer." Jude Wanniski Aug. 27, 1981 https://www.nytimes.com/1981/08/27/opinion/job-only-gold-can-morristown-nj-when-president-reagan-returns-washington-he-will.html