by Dave Kranzler, Investment Research Dynamics:
There’s a new bubble in town. It’s anti-gold propaganda. I prefer to reference it as “anti-gold terrorism.” It’s to the point at which it’s become silly – outright preposterous. This Orwellian-derived antagonism toward gold reached its apex – at least I so thought – with the “gold is a pet rock” article in the Wall Street Journal: Let’s Be Honest About Gold: It’s A Pet Rock.
The article and analysis – or poor excuse for “analysis” contained therein reads like the work of a drunk five-year old. Shame on Jason Zweig for attaching his name to it. He can no longer be taken seriously in any regard as a journalist. Shame on the Wall Street Journal for publishing that fermented piece of scatology. If Jackson Pollack had produced a painting using fecal matter which lampooned the anti-gold terrorism coming from the media, that’s what it would have looked like.
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