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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Is gold becoming another regular old commodity?

Posted on 07 March 2014

One of my more controversial views in finance is that gold will one day be viewed as a mere commodity and not a form of money. My reasoning for this view is simple - I think the era of money as a physical item is long behind us and that the future of money rests with electronic forms of money that serve primarily as a record of account and medium of exchange.
That means the need for physical gold as a form of money will likely cease to exist or at least be reduced substantially in the future………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 41751 posts on Opalesque Commodities Briefing.


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