Greenspan also said that he did not think gold, which reached a record above $1,900 an ounce this week, was in a bubble.
“Gold, unlike all other commodities, is a currency,” he said.
Really??? I wanna see someone in what's left of a grocery store, go in and buy a loaf of bread and a gallon of milk with their gold. They just gonna shave off a sliver for payment.......... And no bubble Alan baby?? Really?? WOW....... They will defend their thinking till the end.............That shouldn't be too long now.
I guess I just don't understand this gold thing.......