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Joe Weisenthal: How Donald Trump changed my mind about gold

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Published : July 29th, 2016
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Category : Market Analysis

If you poke around on the internet, you'll find a lot of people who have criticized me for being a "gold hater." Here are two different pieces that took me just a few seconds to find:

http://www.bullionbaron.com/2015/08/the-relig...old-hating.html

There are plenty of tweets out there saying the same thing.

These people have been basically right. Over the years I've said a lot of bad stuff about gold -- how it's a lousy currency, how it's just a rock that shouldn't have any value, how love of it is primitive and irrational, how it has no justifiable basis in the economy.

But I'm changing my mind, and it's all due to Donald Trump.

The other day Timothy O'Brien published a brilliant photo gallery here on Bloomberg View showing Trump's love of all things gold. Trump's stage at the convention was gold-colored. Trump events often feature pretend miniature gold bars. The logo on Trump Tower is gold-hued. And Trump has lots of gold-plated furniture. ...

... For the remainder of the commentary:

http://www.bloomberg.com/view/articles/201...-trump-chang...

 

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