Watch the full 29-minute interview at http://www.goldmoney.com/grant-interview. James Grant of Grant's Interest Rate Observer and James Turk of the GoldMoney Foundation see gold still as a very under-owned, misunderstood and marginal asset still shunned by institutional investors, with a few notable exceptions which indicate that the tide could be turning. They see a gold standard in the future, although timing is always uncertain.
Most goldbugs usually talk about a (fixed price) gold standard. A better solution would be to use free floating gold as a reference point. PHYSICAL gold that is. Not the electronic/paper crap.
For more info go to FOFOA blogspot.
matrixview 9 months ago
Is there enough gold and how much would each oz be worth. I also think and hope silver will be used to back a future currency
eyeswideopennimrod 9 months ago