EXCHANGE COMMODITIES.Reader comment on: Privatize Gold? Submitted by Rui Sousa (Portugal), Jan 21, 2010 03:46 GOLD has been an exchange commodity for a long time. And a very good one, even when confronted with other options. Commodities behave like assets on the loose. They don't really belong to some individually entity. They rather are a market constituent (now a useful economic tool and then just a yellow good sprinkling in our fingers or neck. Keeping close tabs on gold is a first rule for any economy's shark (be it the FED or yourself). The previous statements still correct until gold loses it's balance when struggling with a different Exchange Commodity, which can eventually take charge of the economic situation, and there is no one in power to prevent it. GOLD has always behaved like a living entity. Note: Comments are moderated by the editor and are subject to editing. Comment on this item |
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