Greenspan's Stunning Admission: "Gold Is Currency; No Fiat Currency, Including the Dollar, Can Match It" - Galt's Gulch

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Greenspan's Stunning Admission: "Gold Is Currency; No Fiat Currency, Including the Dollar, Can Match It"

Posted by freedomforall 9 years, 5 months ago to Business

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GREENSPAN: Yes... Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can macth it.

SOURCE URL: http://www.zerohedge.com/news/2014-11-07/greenspans-stunning-admission-gold-currency-no-fiat-currency-including-dollar-can-ma

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Posted by Danno 9 years, 5 months ago

Now that BERNANK is out what is he saying about gold. What is he holding???

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  Posted by freedomforall 9 years, 5 months ago
  
  He will say whatever the banksters tell him to say. Therefore, if he says go long gold, the banksters are likely short. Ditto for Groinscum.
  
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Posted by fivedollargold 9 years, 5 months ago

Gold has intrinsic value unlike paper currency which has such value only as a fire-starter.

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