Stupid Gold

“Gold is the the epitome of human stupidity. A metal that is dug out of the ground at great cost to be reinterred in bank vaults as a protection against the same stupidity as caused it to be dug up in the first place. The writer is right. Gold is useful because humans are stupid. That’s why it is always useful; because humans are reliably numbskulls. And it is particularly useful when humans are particularly stupid.”

No one puts it better than Bill Bonner!


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