An editorial in yesterday's New York Sun reports on remarks made about gold that day to the Council on Foreign Relations by former Chairman Alan Greenspan, who is quoted as saying:
-- "Fiat money has no place to go but gold."
-- And, "If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it."
To continue:
http://www.gata.org/node/9019
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