Sponsored Content There’s this misguided notion often parroted in the sound money community that the government hates gold. If you’re a gold investor, you’ve probably heard it. But have you ever stopped to question it? If you did, you would soon realize that the thesis is a bit too simplistic to the point of being inane. Gold is a form of monetary power. It isn’t pegged to other governments’ liabilities. It once backed the value of paper money. And before that, it was simply just “money.” Today, gold might be seen as an unwelcome competitor in a fiat currency system, but that threat confirms the validity of gold’s monetary value. This is why most central banks hold it in reserve. It’s also why governments would rather keep it out of the hands of their citizens, we would venture to speculate. Governments typically wouldn’t shun any form of power—monetary or otherwise—that would …