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<p>[QUOTE=&quot;medoraman, post: 1600081, member: 26302&quot;]When the day comes when everything in the grocery store, car dealerships, and homes for sale are listed as X grams of gold, I will say &quot;gold is money&quot;. </p><p><br /></p><p>Until then, its a simple commodity. Yes, its a nice commodity since its valuable relative to its size, and does not rot over time, but its still a commodity.</p><p><br /></p><p>I believe world banks may be somewhat more interested in it since its return has been higher, and bonds have been horrible. But, if this is the main attraction, then you are saying PM will tank severely when bond yields go up.</p><p><br /></p><p>Basel III is more important in the increased reserve ratio being pushed, up 50%.[/QUOTE]</p><p><br /></p>

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