Will Gold or Silver Pay the Higher Interest Rate?

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Today, gold can be moved anywhere in the world in days. The entire globe is effectively the trading region for gold. This means that gold is not subject to local gluts or shortages. Gold supply and demand are quickly smoothed out over the entire world. This helps makes gold the most liquid commodity.

By Keith Weiner

 

This question is no longer moot. As the world moves inexorably towards the use of metallic money, interest on gold and silver will return with it. This raises an important question.

 

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First published here: Will Gold or Silver Pay the Higher Interest Rate?

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