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"Gold is a currency, not a commodity."
May 29 08:04 am
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All Comments by Hugh »Gold is Money - And Nothing Else [View article]
Not true. Gold is a commodity that has been used for money for thousands of years, just as salt has been used as money. If one said, "Salt is not a commodity but money," the kookieness would be the same.
Gold is a commodity money. One of many.
There is a term: "Money Crank." Some people can go overboard.