Why Gold? Science has the answer...

Discussion of the Gold portion of the Permanent Portfolio

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jhigh

Why Gold? Science has the answer...

Post by jhigh »

http://www.npr.org/blogs/money/2010/11/ ... t-why-gold

Very interesting podcast.  Science makes the case why gold is the preferred store of value.
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Pkg Man
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Re: Why Gold? Science has the answer...

Post by Pkg Man »

I heard that as well.  Very interesting!  
"Machines are gonna fail...and the system's gonna fail"
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6 Iron
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Re: Why Gold? Science has the answer...

Post by 6 Iron »

Thanks for the link. For those that have not listened yet, they are using the periodic table to explain how and why we have precious metals, and then why gold became favored as currency. Very entertaining for a former chemist, but easily understood by a layman. I am thinking about an osmium position for the variable portfolio  ;).
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Lone Wolf
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Re: Why Gold? Science has the answer...

Post by Lone Wolf »

Great podcast!  Brief and very entertaining but once you accept the premise that the only candidates are elements, they make quite a convincing case.  (Especially when you consider which elements grabbed the runner-up spots!)
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