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

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.”