[quote=edna_mode]I’m more wondering if this is the “shoeshine boy talking about stocks” moment for gold, and time for smart money to sell.[/quote]
If people look back to the last great credit collapse worldwide which was the 1930’s, and sees what happened to currencies and gold, they will obtain some knowledge that could very useful to them now. Stubborn ignorance can rationalize amost anything, and there is a peculiar tendency among people to resist the data that does not support their assumptions, until they are overwhelmed. They still have some hope due to the somewhat arbitrary nature of fiat currencies today, but increasingly less so for the very good reasons that Mr. Zulauf outlines in his interview.
