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The Best Argument in Favor of Gold as Currency

From Mr. Hearst himself. 

http://www.youtube.com/watch?v=I6p60gHuyu8

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5 comments

  1. bully

    Is that the same guy that invented the Hearst donut?

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  2. EvanBFI

    That’s Omar Gooding from Wild and Crazy Kids.

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  3. Celeste

    Hearst was a much smarter (and hard working) man than Roubini could ever hope to be.

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  4. martin armstrong

    We have actually entered the new realm where money is truly the productive capacity of a nation that is reflected much as a share in a corporation rises and falls according to confidence.

    Gold’s role in this is to aid the transition of confidence between currencies and a temporary store of tangible value in the process.

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