Interesting post about gold and different currencies. The writer doesn’t strike me as a serious investor (although I suppose I shouldn’t say too much, seeing how much I’ve lost over the last 18 months), but it was interesting to see him turning the idea of how gold and currencies relate in his head. Everybody knows that it’s a good hedge right now – I’m not one of those Ron Paul guys who wants to get America back on the gold standard, but you have to admit there is a certain logic to not having the value of your currency fluctuate on the whims of the market. Just saying.
Gold and Investing
December 29th, 2009 | Business