AlanGreenspan

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“Gold, unlike all other commodities, is a currency,” Alan Greespan said.

“Gold, unlike all other commodities, is a currency,” he said. “And the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.”

http://www.businessweek.com/news/2011-08-23/greenspan-says-euro-breaking-down-may-harm-stock-prices.html

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