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Gold Gained Back All Its Losses and Silver Rocketed Higher - Andy Hoffman - Miles Franklin

More factual errors by the bought and paid for Andy:

1) "the Rupee is collapsing to a new ALL-TIME LOW"
That is false and Andy should know better. He correctly reported only last week that the rupee was at 68.5 to the dollar and today it sits at 67.5.

2) "an absolutely moronic government proposal surfaced regarding a misguided hope of purchasing sacred gold relics from Hindu temples – for rupees."
This too is completely false. The government was very specific in stating that it is only jewellery that they want the banks to purchase from their customers who are looking to sell, not sacred relics.

3) "On the second anniversary of 2011’s “OPERATION PM ANNIHILATION II,” the Cartel attempted a new Sunday night attack – taking gold down $25/oz and silver $0.50/oz in the wee hours of the holiday weekend."
More nonsense from Andy. It was the middle of the Labor Day weekend. The Cartel would have been in the Hamptons, not at work on a Sunday evening.

4) "It’s a BIG week coming up – starting with Thursday’s Obama-less G20 meeting in Russia...."
Another falsehood from Andy. Obama is attending the G-20. It was his private meeting with Putin that was cancelled to protest Russia giving Snowden temporary asylum.

The work of this bought and paid for shill is nothing less than stupendously atrocious. He consistently gets facts that are readily available to everyone wrong. The guy just makes things up. Perhaps he does so because he is lazy. Or maybe he thinks you are too stupid to notice. My favourite was a rant bragging how he had discovered a new time of day that the cartel was using to bring down the price of gold. He even had charts to prove his point. Only problem was that the charts showed gold going up more often than down at the appointed time and on the few occasions where it dropped, the worst case was a puny $4 drop....Me, i read him for the laughs. But i fear that some of you take him at face value, having no idea of just what a fount of misinformation he actually is.

The question is: why hasn't Miles Franklin fired him? A-and why does 24h gold continue to post his pathetic pieces?

Commented 3887 days ago

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Beginning of the headline :Ah, Labor Day, in which the nation’s Labor Force, takes the day off. We’re told the economy is “recovering”; but not why the ranks of unemployedare surging – let alone, the “underemployed” not included in this chart, such as the fast-food workers in 60 cities that went on strike this weekend, seeking a more than doubling of wages to offset the rising cost of living. Not to mention, the fact that due to Obamacare, many restaurants are no longer offering full-time, benefit-paying positions. For... Read More

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