Kyle Bass is Bullish on Gold but Doesn’t Believe in Gold Standard

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Kyle Bass of Hayman Capital explains why he’s so bullish on gold, with CNBC’s Bob Pisani.

Bass does not believe in going back to the gold standard, but thinks a lot of Gold bugs are “talking it up.”

One quote:

“The pattern is set, we’re going to continue to monetize fiscal deficits by expanding central bank balance sheets… I call it creating money out of thin air.”

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