GREY:MPRXF - Post by User
Post by
hrattleon Dec 01, 2014 11:27am
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Post# 23180889
78% say NO to Swiss Gold Referendum
78% say NO to Swiss Gold ReferendumNo surprise but still it didn't stop the crazies for the last few weeks trying to pump up gold.
There are a few take aways from this:
1. The gold bug commentators should NEVER be listened to
2. We always knew that the gold standard was a barbarous relic - perhaps gold itself is too (at least as a store of value - it will always be pretty in jewellery)
3. There is still significant downside risk to POG