by Graham Summers, GoldSeek:
Gold is perhaps the most maligned asset class in the world.
On an almost weekly basis the financial media mocks Gold and publishes articles claiming it is a terrible investment.
It’s rather odd, as less than 1% of investors actually owns Gold. Why is it so important to trash an asset class that almost no one actually owns?
Actually, forget that question, I’d like to see answers to these questions instead…
If owning Gold is such a bad idea…
· Why are Central Banks buying it?
· Why do we rank countries based on the Gold reserves they own?
And finally…
If the goal for Central Banks is to generate inflation… why is owning Gold stupid?
Regarding that last point, global Central Banks have completely abandoned the façade that they are trying to generate growth.
from SGTreport - The Corporate Propaganda Antidote - Silver, Gold, Truth, Liberty, & Freedom http://ift.tt/1qUoiwv
