by Hugo Salinas Price, Inteligencia Financiera Global.com:
Jim, one of the common topics of this blog is gold. There are many people in the Spanish speaking world who are very interested on this precious metal, even though these countries are not the top consumers of it. From your perspective, is the gold bull market still alive?
– Yes, but in a continuing consolidation.
There is a lot of pessimism around gold, and many commentators refer to it as a “barbarous relic” in the monetary world. Do you agree?
– It does not matter what they or I think. The majority of mankind has accepted it for centuries and will continue to do so. I had rather go along with the vast number of “barbarians” than a few Ivy League professors.
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