Think Tank
May, 1977
Think TankInvesting in GoldYou've seen the commercials on television. The ones that tell you that all the gold mined throughout history would form a cube only 18 yards on each side. (If that doesn't sound like much, consider that this block of gold would contain 157,464 cubic feet and would weigh 2.8 billion troy ounces.) And what are those ads selling? Quite simply, they are selling money--because the Krugerrand, the South African gold coin they are pushing, is legal tender in that country and...