The Stability of Gold vs the “madness of the people”

Ralph Benko
Apr 8, 2020 · 6 min read

The death mask of Sir Isaac Newton, Public Domain, courtesy of the Public Domain Review at Flickr who, regarding the South Sea Bubble, said “that he could not calculate the madness of the people.”

One of 2017–2018’s most startling events was the wild price swings of Bitcoin and most crypto. Nobody likes to see the value of their portfolio go down. Not even HODLers, not…