Goldbugs love to spread the fear...the world's gonna collapse in a catastrophic economic implosion, which of course will include atomic war..and the only financial survivors will be those with a 'stack'.
I've never managed to figure out how you live in a 'stack', pay your bills with a 'stack' or grow food with a 'stack'.
Any ideas?
Goldbugs think gold is 'money' like it was 500 years ago, but ignore modern technology, which is going to mine asteroids, samples have already been flown back to Earth. I can get exposure to gold on the NYSE with an ETF that doesn't own one ounce of gold, or short it for that matter.
The world's pretty chaotic at the moment, and gold's plunging...why is that? Because the ol' days of 'stacking' metal to prepare for Armageddon are over, but the fear mongers are still draining gullible goldbug wallets.
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