Sovereign Debt and Gold

Published on
April 18th, 2019
5 minutes

Sovereign Debt and Gold

Gold ·
Featuring Luke Gromen and Brent Johnson

Published on: April 18th, 2019 • Duration: 5 minutes

Luke Gromen, author of Forest for the Trees, and Brent Johnson, CEO of Santiago Capital, discuss the importance of gold during the late stages of sovereign debt bubbles. Gromen explains why gold can be "useless" for 99% of the long economic cycle, but then critical during the other 1%. This video is excerpted from a piece published on Real Vision on February 11, 2019.