Since the arrival of the internet and digital world all this is beginning to change. Technology is enabling us to disintermediate the fiat currency structures imposed on us. Digital gold was just the start however, as new ways of decentralizing money arrived via technology communities.
After a back injury forced him to re-evaluate his Olympic dreams, Ben Davies found a new thrill in the competition of trading. Now managing a long-only gold fund, he strives to protect investors’ wealth while advocating for free market reforms around the globe.
Gold edged up again today as Spain’s 10-year bond yield’s hit a euro-area high nearing the 7% level, which led investors to question Madrid’s access to the bond markets. Italy’s bond sale is scheduled for Thursday.