May 21, 2008

CFR official: Gold is the world currency of the future

In his presentation to this month's New York Hard Assets Investment Conference, Benn Steil, senior fellow and director of international economics for the Council on Foreign Relations, predicted that gold may return as the international currency and argued that even the nation now issuing the international reserve currency, the United States, might be better off for it.
Resource Investor has posted Steil's presentation (in audio and text transcript form) "Is The Dollar Doomed?" to the New York conference, including the charts he used, HERE

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