Gold Is Like A Breath Mint(it Has A Dual Nature)

a: Gold ~
b: a breath mint

What: "Well, at Midas, what we've said for many years is that gold has these two attributes: the currency attribute and the commodity attribute. We compare it to that old advertisement of whether Certs is a breath mint or a candy mint.".... "So as long as it trades as a breath mint - that is, as a currency - then you'll see it being influenced by these aspects of US monetary fiscal policy. Ultimately, we think the breath-mint aspect of gold, as an alternative currency, will carry the day, because the money flows are that much bigger."

Writer: Tom Winmill
Where: Reference Link Has Evaporated
Date: Aug 8 2011 1:08 PM

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