✉news BusinessBanking first seen 8 h ago, last 5 h ago, peak #9

Gold, the 'Barbarous Relic,' Refuses to Fade Away

Original: The “Barbarous Relic” That Refuses to Die: Gold at the Crossroads

Keynes famously dismissed gold as a "barbarous relic," yet the metal remains central to global finance, and a new analysis argues it stands at a crossroads. The piece examines why central banks and investors continue to accumulate gold despite its obsolete monetary role, weighing its enduring appeal as a store of value against modern digital and fiat alternatives.

Why now: Ongoing debates over inflation, central bank gold buying and doubts about fiat currencies have revived interest in gold's role.

goldCentral banksJohn Maynard KeynesCFI.co

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• The “Barbarous Relic” That Refuses to Die: Gold at the Crossroads · CFI.co — Capital Finance International

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