Gold: Still Money For a Reason

November 20th, 2018 • We have stated time and again that gold is part of the monetary system it is just not on the front burner. If gold were not part of the monetary system national (central) banks would no longer hold it, nor would it be recorded on balance sheets as a Tier 1 asset – in essence, money, which it is. So, this notion that gold is not money, as Ben Bernanke stated in 2011, is a complete farce, a rouse, a bold faced lie. Keep Reading...