Friday, October 4, 2013

Jim Rogers: Gold is not real money

A lot of people will say Gold is only the real money. Now the problem with that is throughout history, silver, brass, sea shells, lots of things have been used as money. The only thing is money as far as I'm concerned is if you go to a shop and hand them gold they are not going to give you a loaf of bread or anything. Until that happens gold is not money.