Gold and silver ultimately became money simply because people wanted to use them as such. No government mandate was necessary. The metals spontaneously evolved as money...
Gold has been treading water in recent months, consolidating between $3,200 and $3,500 — a typical summer pattern as news flow and trading volume slow with traders on vacation.
A market strategist for the World Gold Council explores the gold market, long-term investment strategies, central bank buying, and key legislative efforts aimed at integrating gold more fully into the financial system.