If gold isn’t money, why does the Cartel worry about it so much?

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Coming back to Switzerland again, in this must-read article, Mike Krieger explains how and why the Cartel had to employ its useful idiots at the SNB to attack gold, to preserve the Gates of Mordor, and hold the line (albeit temporarily) at $1900 hundred dollar gold.

Oh what fun we’ll have, picturing the Cartel’s creatures gibbering at their gilded desks, when gold crashes through $2000, despite all of their sordid manipulations with the irrelevant barbarous relic:

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About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
This entry was posted in Austrian Economics. Bookmark the permalink.

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