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<p>[QUOTE=&quot;fatima, post: 1530357, member: 22143&quot;]Gold fails these three tests for the simple reason.&nbsp; Governments hold gold as a monetary asset and thus it&#039;s value is defined by the government holding it.&nbsp;&nbsp; In the case of the United States, the official lawful money price of gold is $42.22/ounce.&nbsp;&nbsp; A significant amount of gold is being held by the USA with that official valuation and this valuation is directly used by the Federal Reserve as an asset on its balance sheet.&nbsp;&nbsp; No other commodity, not even silver, holds this distinction.&nbsp; Gold &amp; Silver are so unique they trade on their own unique futures market, the Comex.&nbsp; No other metal, except copper, trades there.&nbsp;&nbsp; There are special rules that pertain to them in part because or their roles in coinage and as finance instruments.[/QUOTE]</p><p><br /></p>

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