Sunday, January 8, 2012

Reporter: Gold is Down Because It is Not Backed By Anything, Unlike the US Dollar

We've posted this before, but frankly we needed a laugh today. 
The next time some analyst tries to convince you that gold or silver are currently in a bubble, please re-watch this interview where Bernanke's soulmate says that gold is down and people may be selling because gold is not backed by anything and the U.S. dollar is backed by the Government.