A word about gold.
Gold is the antithesis of paper assets.
It's not a media favorite. Surprise, surprise. And after essentially a 12 year run-up in price of nearly 900% that turned sour in 2013, main stream media with unbridled glee likes to pounce on the yellow stuff and anyone who touts its value every chance it gets.
People who follow or recommend gold are referred to as gold bugs. But hundreds of analysts and market seers, many of whom blatantly fudge their data, aren't referred to as equity freaks.
Corporations often massage their earnings numbers and analysts covering them frequently look the other way. It's called the cost of doing business or, better yet, the cost of cooperation.
Goldman Sachs lets it be known that gold will likely end the year around $1050 an ounce, a forecast unchanged from the one it put out at the beginning of 2014. The 2013 sell off came ready ordered for MSM. Higher gold prices would signal higher interest rates and higher interest rates would suck some air out of any hoped-for recovery central bankers pray for.
Half of Europe led by the dragster, Mario Draghi, is clamoring for a little inflation to inflate all the debt away. The key here is a little inflation. Gold money competes with paper asset money, a real no-no to MSM.
People who follow or recommend gold are referred to as gold bugs. But hundreds of analysts and market seers, many of whom blatantly fudge their data, aren't referred to as equity freaks.
Corporations often massage their earnings numbers and analysts covering them frequently look the other way. It's called the cost of doing business or, better yet, the cost of cooperation.
Goldman Sachs lets it be known that gold will likely end the year around $1050 an ounce, a forecast unchanged from the one it put out at the beginning of 2014. The 2013 sell off came ready ordered for MSM. Higher gold prices would signal higher interest rates and higher interest rates would suck some air out of any hoped-for recovery central bankers pray for.
Half of Europe led by the dragster, Mario Draghi, is clamoring for a little inflation to inflate all the debt away. The key here is a little inflation. Gold money competes with paper asset money, a real no-no to MSM.
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