This morning, October 17, gold (GC=F) reached a new all-time high. Yahoo Finance Executive Editor Brian Sozzi spoke with Independent Institute senior fellow Judy Shelton about all things gold including the rush of Costco members to invest in bullion. The former economic advisor to Trump emphasized that "gold is kind of a surrogate for the real economy and it represents commodities, but also that traditional role of money you can trust." She went on to pose that for people who might be concerned about a breakdown of civil obedience "you could use it for transactions as basic as buying bread, but it also is a store of wealth and it provides a unit of account if everyone is also using precious metals."

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