The economics of gold and silver in 2013
2013-JAN-06

The New Year should see some major changes in how gold and silver are regarded in the West, if it becomes obvious that confidence in government-issued money as a medium of exchange might be misplaced. This concern is for the moment essentially limited to economists of the Austrian School.
Whether they are right or wrong only time will tell; but it is worth considering their basic argument, which goes something like this.
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from www.goldmoney.com
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