Friday, September 30, 2016
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The Best Argument in Favor of Gold as Currency

From Mr. Hearst himself.

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  1. bully

    Is that the same guy that invented the Hearst donut?

  2. EvanBFI

    That’s Omar Gooding from Wild and Crazy Kids.

  3. Celeste

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

  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.