The Prostitution Of Gold

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

Image Source: Pixabay


The gold market has become a social gathering place for an odd combination of participants. Traders and speculators dominate but the loudest voice of all belongs to the marketers - those who have something to sell. Wall Street legitimized gold as an investment with the introduction of GLD, but gold is not now, never was, and will never be an investment in a traditional, factual sense. Gold's price tells us nothing about gold or its value.

Video Length: 00:04:47


More By This Author:

Gold's Deceptive New Highs
Gold Bulls Are Too Price-Dependent
High Prices Are Not Inflation

Kelsey Williams Is The Author Of Two Books: Inflation, What It Is, What It Isn't, And Who's Responsible For It And  more

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