A line from Bernanke's testimony this morning is getting some folks all atwitter.
First he was asked by Ron Paul whether he thinks gold is money: He said "no."
Then he Ron Paul asked him why Central Banks hold so much: He answered "tradition."
Now this is the classic gold bug argument: Because gold has been used as a store of wealth for eons, it still should have value.
Join us on our
Share this page with your friends
on your favorite social network: