Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category
Gold: A Surge Into Summer? Stewart Thomson Gold Stocks: Poised To Outperform Everything Stewart Thomson Dovish CPI: A Super Surge For Gold? Stewart Thomson The Anti-Concepts of Money: Conclusion Keith Weiner Gold Stocks: Good Times Are Here Stewart Thomson Gold Price Reaction: Key Zones To Buy Stewart Thomson

Darkoofthedark
Member since December 2014
1 commentaries -

0 followers

has posted a comment on the article :

Why Wall Street and Governments Hate Gold

- Michael Pento - Delta Global Advisors

Ah yes, I've seen this comment on marketwatch.com. Probably the most ridiculous and blatant lie about gold I've ever seen. To call gold fiat is either to be completely ignorant of what fiat is, or to be deliberately lying to people. I suggest it's the latter, as I find it unlikely that Citi's Chief economist would be THAT ignorant, he has to be lying on purpose.

Commented 3422 days ago

Send

Beginning of the headline :Gold is hated more than ever by both governments and the financial services community. This is because it has now become imperative to keep the illusion of confidence in sovereign debt and paper currencies. To that end, a gentleman by the name of Willem Buiter, Citigroup's chief economist, shot into the media spotlight by writing a note on the day before Thanksgiving stating his belief that gold is in a six thousand year-old bubble. Citi's chief economist penned this "brilliant" commen... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis