130 billion euro stimulus package, page-17

Hey guss,

Keep posting the sayings of long dead economists that are no longer relevant.

You might not have read this one from Tom Carnevale, who's still with us.


'I've finally figured out why Ron Paul is upset with the Federal Reserve and wants our country to return to a Gold standard, he owns gold mining companies!

And boy has Ron Paul been hurt by this big decline in gold prices, as the WSJ reports he owns mainly highly speculative "micro cap" gold mining companies.

As I've said since last November, Gold is about the worst investment in this market given the fact that it has no intrinsic value and is simply a historic currency, that trades at all-time highs and produces no cash flow.

Gold has declined 8.3% since my initial recommendation to avoid the speculative precious metal and I believe we will continue to see a decline to my price target of $53.97 (for the GLD etf).

Be sure to steer clear of gold, unless you want to participate in the biggest investment scam of the century.'