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Why Did Gold Become Money?

Submitted by Tyler Durden on 05/02/2012 16:14 -0400

With increasing chatter about extreme monetary policy, the chaps at Santiago Capital reprise their previous discussion with a look at why gold became money. With many calling for a return to a Gold-Standard, understanding why there was ever a gold standard to begin with, why has it been used as money dating back over 5000 years, and what makes gold so special (aside from its personality).

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Why Did Gold Become Money?

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