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Best Answer We've Seen To The Question: Is Gold Money?

From businessinsider.com

On Wednesday, when Bernanke was doing his Humphrey-Hawkins testimony, Ron Paul asked him if gold was money. The Fed chairman said "no." We wrote about it here. The best response, though, comes from a trader (who will remain anonymous), who sent the following out: One thing that riled me a bit this week was Ron Paul’s questioning of Ben Bernanke on whether gold is money. After questioning, the established tin-foil haberdashery contingent went wild about how “silly” Ben was made to look. Even people you’d think might know a thing or two about money like JP Morgan’s FX Read more: ... (full story)

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