Copper $ 5.4182 / lb 1.29%
Brent Crude Oil $ 60.58 / bbl -0.95%
Palladium $ 1620.25 / ozt 4.77%
Crude Oil $ 56.7 / bbl -1.39%
Natural Gas $ 4.016 / Btu -3.72%
Silver Futures $ 63.94 / ozt 3.09%
Aluminum Futures $ 2868.75 / ton -0.05%
Micro Gold Futures $ 4342.9 / ozt 0.29%
Micro Silver Futures $ 63.94 / ozt 3.05%
Platinum $ 1815 / ozt 2.87%
Gold Futures $ 4343.5 / ozt 0.31%
Go to MDC Markets

Why gold isn't currency

Seeking Alpha | May 25, 2011 | 5:38 pm Energy Precious Metals Gold 

Most of the naysayers to the fact that gold is a wildly overvalued commodity seem to think it is not a bubble because gold is "currency." Even Cramer has weighed in that gold is currency -- so buy, buy, buy. The...

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