April 5, 1933: A day that will live in infamy
the US$1450 level taken out by the gold bulls - another big wave coming up? can't argue against it, really can't...
our central banker has "no idea" about gold, by his own admission, an admission made with the typical keynesian arrogance, and without a trace whatsoever of shame or remorse deriving from having to reveal such stunning ignorance about money and its' history! personally, I found it *the* seminal moment of the whole darned mess, illuminating in a single, astonishing statement how preposterous the field of professional economics today really is, and how pathetic the thrall in which it holds professional politicians and media intellectuals alike
meanwhile, the US$ struggles mightily to retake the 76 level - another slide to new 52-week lows coming up? can't argue against it, really can't...
UPDATE
Aden sisters bullish on bullion (April 6, 2011, 11:17 a.m. EDT )
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