GOLD 0.51% $1,391.7 gold futures

'Money is something you use for everyday transactions'No, You're...

  1. 599 Posts.
    lightbulb Created with Sketch. 103
    'Money is something you use for everyday transactions'
    No, You're talking about currency there

    'Former Chairman of the Federal Reserve Ben Bernanke was asked by goldbug Ron Paul, if gold was money. The answer was "No".'
    When Ron asked why CB holds gold, Ben's answer was "tradition" biggrin.png. Yeah the tradition that gold = money..... ROFL

    https://hotcopper.com.au/data/attachments/1459/1459262-0b02128a85d3c8c18caa34e1a11a912f.jpg

 
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