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Jake
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A False Requiem for Gold and Silver

- James West - Midas Letter

Actually a 225% gain in ten years. $400-800 is a 100% gain. $400-1,300 is a 225% gain. Three times the ten yr. ago price is correct, but not 300% gain. The overall point is still valid that gold was not a stupid thing to hold.

Commented 3643 days ago

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Beginning of the headline :There are so many people who just wish gold and silver would be recognized for what they are – shiny pieces of dirt – and stop attributing so much false value to them. And they’re some arguably pretty respectable dudes. Jeffrey Currie, head of commodities at Goldman Sachs, could be said to be the ‘ringleader’. Increasingly, investor disdain for gold is spread by the heavy bias in mainstream financial media toward anti-gold coverage as opposed to pro-gold coverage, which is limited to independent... Read More

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