07.03.2014 - Is gold becoming another regular old commodity?
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
Print