Silver Is Golden In August, As Gold Bests S&P Returns In Last Month

This is not gloating.  This is a serious issue, involving cold, hard cash, and in the future, could be the difference between surviving and thriving--or something much worse.  Fact: measured against a time line spanning a decade, four decades, a century, or millennia, gold and silver have retained their stores of value.  The gold bears have been calling a top with every correction--and even the bullish traders who desire to scrape a few dollars on technical rallies miss the central point:  gold is money.  Hence, its price based in USDollars, Euros, yen, yuan, ruble, etc. is irrelevant.  What is relevant is accumulated ounces.  When the next perfect financial storm descends, gold and silver priced in dollars may be astronomical, but meaningless if the numeraire is destroyed.

http://www.zerohedge.com/news/silver-golden-august-gold-bests-sp-returns-last-month