A pod disguised as a news anchor talks about the gold sell off.
I think this rock star economist may be the "Todd Hirsch" mentioned by the automaton in the video. A little research turned up a tweet where he gets a bit excited and asks "...is this finally the end of the gold bubble or just more crazy, random volatility in the markets?" I'll take (b) Todd (and Alex).
http://www.biiwii.blogspot.com
http://www.biiwii.com
Being Canadian I never imagined stupid people like that existed in my country. Then again, stupid people exist everywhere.
ReplyDeleteoh baby, that was stupidest think I heard recently...
ReplyDeletehonestly, after I listen to it 3 times, I got what she means about "if gold is backed by something". But it could be related to the tree alien spaceships that approaching Earth... :)
ReplyDeleteWow. Just wow. The MSM bimbo is actually correct if she's referring to the GLD etf, which of course, she isn't.
ReplyDelete'..as opposed to the $US' lol!