“Elon Musk is going to destroy gold”

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Lol. This is what investment has become. A couple of wankers making shit up to promote a worthless uncurrency with stunning regulatory risk.

Gold is “boomer”, apparently.

One should always be wary of becoming set in one’s ways but come on.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.