GoldMoney today distributed a wonderful study by Walt Sosnowski of SRC Capital Management in Rockwall, Texas, that attempts a "scientific" approach to gold and other precious metals, including their functionality as money. There's plenty of documentation here for concluding that gold's performance is far superior to that of the major government currencies, at least for the holders of money. Of course governments issuing currency may consider superiority a matter of currency's ease of debasement, so maybe it's just a matter of which end of the transaction you're on. Sosnowski's study is something you may want to show your investment adviser and elected officials to see if they can think of any way to dispute it -- at least if you'd be happy never to hear from them again. It's titled "The Science of Gold and Other Precious Metals" and it's posted at the GoldMoney Internet site here:
http://www.goldmoney.com/goldmoney-foundation/essays/the-science-of-gold...
