Gold as a Financial Asset

From Finance and Stock Daily · 17:28

Show by Al Baharul Kader

Gold as a Financial Asset (Season 10: Global Markets & International Economics). The metal that pays nothing and outlives everything, audited as arithmetic. We size the stock — over two hundred thousand tonnes above ground, a cube of about twenty-two metres, growing by under two percent a year — and ask why frozen supply makes demand the only moving part; we lay out the honest case for gold (five thousand years of monetary trust, no issuer, no default) beside the honest case against it (no yield, ever); and we name its master variable, the real interest rate, with the dollar and a thousand-tonne-a-year wave of central bank buying as companions.Money Math segment: at an illustrative three thousand dollars an ounce the entire above-ground stock is worth about twenty trillion dollars — a fifth of the world's listed shares; holding ten thousand dollars in gold for a decade against a two percent real yield forgoes roughly two thousand one hundred ninety dollars of compounded interest; and an exchange traded fund's two-fifths-of-one-percent annual fee compounds to about four percent surrendered over ten years. Plus: the four wrappers (physical, ETFs, miners, futures) and their different tolls, a three-myth audit — crisis behaviour, inflation tracking, "cannot go to zero" — and gold by portfolio role: diversifier, insurance, or speculation.Sources referenced in this episode (for education; market commentary only):- World Gold Council (gold.org): above-ground gold stock estimates, mine production, demand by category, and central bank buying data- LBMA and U.S. Treasury / Fiscal Data: gold price history and official U.S. gold holdings- Federal Reserve and U.S. Treasury data on real (inflation-adjusted) yieldsAudio format: MP3, 128 kbps CBR, 44.1 kHz, mono, -16 LUFS.Educational content only — not financial, investment, tax, or legal advice. Figures are illustrative examples for learning. This episode was scripted with AI assistance and is narrated by AI voices.Support this podcast at — https://redcircle.com/finance-and-stock-daily/exclusive-content

More episodes of Finance and Stock Daily

More episodes

PodSearch is a free, independent podcast search engine. Read about PodSearch, the privacy policy or contact us.