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My appologies for anything after 2:50. The talking heads with IQs of 73 start opening their mouths. The good news is, 4/5 people in a room are still not invested in gold :-)
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Warning: Network Engineer talking economics!
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Re: Jim Rickards - Aug 8th, on gold & market sell off
I would have liked to hear how he answered the last objection about growing your economy in a currency backed by gold. Didn't this used to be the case? I hear when he says the Germans may not like the answer if they said "We are going to ship our gold back home." That seems a reach.
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