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