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The other side states its case.

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rlfb06   Monday, 04/15/13 07:55:47 AM
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The other side states its case.

http://www.businessinsider.com/everyone-should-be-thrilled-by-the-collapse-of-gold-2013-4

Excerpt...

On one hand you have established economists, who believe the government has tools at its disposal to address a crisis. These tools include deficit spending and a violent expansion of the Fed's balance sheet.

Conversely you have critics who slam the arrogance of economists and central planners, and who have predicted that all of this economic acrobatics would result in an economic collapse, hyperinflation, and an explosion in the price of gold. Gold is important to their worldview, because it represents a quasi-money that's not tied to any government or central bank.

Investing in gold is a rejection of government money and finance. Money flowing into gold-related assets represents a belief that rocks (however shiny they are) are a better place to invest than human endeavors (like stocks).


Read more: http://www.businessinsider.com/everyone-should-be-thrilled-by-the-collapse-of-gold-2013-4#ixzz2QX3lw21z

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