This Is The Best Proof We’ve Ever Seen That Gold Is In A Bubble

Felix Salmon at Reuters has a super-clever video out where he attempts to answer the question: is gold a currency? And of course there’s no better way to answer than than to just trying to go around and buy stuff with a gram of gold. It sounds silly, but if gold is a currency, then it should be usable as a medium of exchange. Anyway, eventually he does make a purchase with gold after several people rejected their offer.

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