The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain.


Part III, Chapter X, The Status of Gold and Silver, p. 127 - Storage and Stability (1937)

Benjamin Graham Quotes

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily...

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily...

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily...

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily...