Gold has held value through the ages

Watch the full 19-minute video at http://www.goldmoney.com/johann-saiger-turk. Johann Saiger, Editor of Midas Investment Report, and James Turk, Director of the GoldMoney Foundation, meet in Munich and talk about the price of gold. James Turk explains how gold woke him up in the 1960s to the fallacies of his economic education. They talk about the history of gold, since the gold coins first minted by King Croesus of Lydia and how that compares to fiat currencies.

This interview was recorded on November 4th 2011 in Munich.