How Gold Can be Money

To understand how to combat future money, we have to learn from the past. And gold has been used as money for thousands of years. In fact, Nathan Lewis recently wrote in Forbes, "the use of gold and silver in a monetary roll goes back before Plato". It goes back even before the invention of writing. In Sumer around 3300 B.C., although shell rings and wheat served as early Sumerian currency from about 3500 B.C., by 2700 B.C., silver had become the primary monetary standard of Sumer, with gold alongside in a supporting role.