Guest Post by Jesse
“Gold has worked down from Alexander’s time. When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.”
Bernard M. Baruch
Asia continues to add significant amounts of gold bullion to their wealth reserves.
Wall Street and its sycophants would like us to consider gold to be just ‘a pet rock’ or ‘like trading sardines.’ And yet central banks have turned to be net buyers, and Asia and the Mideast continue to buy bullion in record amounts. Talk to the Chan.
One of the few coherent things Alan Greenspan said was that statists of all persuasions, both right and left, have ‘an almost hysterical antagonism towards gold.’ This is because gold resists their will to power over others.
So why isn’t gold ‘working’ at this moment in history?