Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look… — Michael Lee-Chin Copy Share Image
Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to… — Alan Greenspan Copy Share Image
The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has… — Benjamin Graham Copy Share Image