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    gold-investing

    Gold is money

    Investing News Network
    Mar. 16, 2010 12:51PM PST
    Precious Metals Investing

    Bmgbullion.com reported that Gold is money:

    Bmgbullion.com reported that Gold is money:

    Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value. For centuries, money referred to coins made of rare metals (gold and silver) with intrinsic value, and to notes backed by precious metals.

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