The English mouthpiece of the Bilderberg Group, Chatham House, have come out against gold, preferring useless state fiat paper money instead (I know, it’s remarkable).
Though I don’t know why Chatham House bothered spending all of that money from their shadowy paymasters on their research, as I could’ve told them their conclusions before they wrote their report.
In fact, I could’ve written their report for them, if they’d bunged me a few quid and managed to somehow suspend my ethical belief system for a couple of days.
I wouldn’t have even needed Google, like Stratfor, and could’ve done it with my eyes shut (as I’m a reasonable touch typer).
But, it is at least interesting to see what glosses the power elite like to shroud their paper money mysteries in.
Detlev Schlichter has produced a sober critique of their pronouncement: