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Lost bullbord posts P.001



P.001 - Post by User

Comment by zentrarianNZon May 17, 2016 2:59pm
103 Views
Post# 24882200

RE:Talking of GoldMoney on Bloomberg

RE:Talking of GoldMoney on BloombergI didn't see anything about GoldMoney in there. And curiously, the author quoted Rickards but said absolutely nothing about his (very crucial) point that the gold standard wasn't the cause of previous economic collapses, but rather the failure to raise the gold price enough to acount for deficit spending during the war years. 

With the recent run up, the MSM is starting to begrudgingly report on gold again, but almost all of the commentary you read is a back-handed compliment. It's similar to the way they report on Donald Trump's rise, who - like him or not (I don't) - you have to admit is the media's whipping boy du jour.

But don't expect the pundits to EVER acknowledge they were wrong, even after gold is $5,000-plus and The Donald is in the White House.
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