Friday, December 5, 2014

READ IT AND DECIDE FOR YOURSELF


In a recent post we told you gold is central bankers' the globe over worst nightmare. They hate the stuff and for good reason.
 http://financialspuds.blogspot.com/2014/11/choose-your.html.

Part of their scam is to vilify the gold metal so demand will stay low and they can continue to print artificial money. Coming into the recent Swiss vote on gold, as we noted, they rolled out the scare tactics, quoting a few so-called financial experts.

One such pundit, a Citibank wag, Willem Buiter, called gold "a 6000-year old bubble." Now as we've said many times before the status quo crowd hate gold and so-called goldbugs. It's a pejorative term, make no mistake about it, whenever it gets trotted out.

Yet there are no such terms for the paper asset crowd like equity hogs or bond bullies or fiat money freaks. So here's a response to Mr. Buiter's claim about a precious metal bubble from Zerohedge.
http://www.zerohedge.com/news/2014-12-04/dear-willem-buiter-if-gold-6000-year-bubble-then-what

Read it and decide for yourself.






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