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"The Economist" renounces gold-bashing?
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TOPIC: "The Economist" renounces gold-bashing?
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"The Economist" renounces gold-bashing? 1 Year, 1 Month ago Karma: 193
Spotted this at Sinclair's site and decided it was worth noting here too. As the writer of this piece points out, traditionally The Economist has been one of the most anti-gold, paper-pumping publications in existence.

This should NOT surprise anyone, since it's my understanding that it is OWNED and OPERATED by the Rothschilds.



Thus it IS newsworthy when the US Editor of The Economist proclaims in a Wall Street Journal interview (the WSJ is part of the Murdoch oligopoly) that he has LOST FAITH in the paper-printing governments of Europe and the U.S.

Of course being a propagandist he couldn't TOTALLY abandon his old ways. So when he recommends gold to people he refers to it as a "religion" (rather than just simple arithmetic or a 5,000 year safe haven) - and only advises people to put 5% to 10% of their paper into it (yup, THAT will really protect you when paper goes to zero).



Even so, understand how our Rules of Evidence work in our legal system. "Admissions made against one's own interests" are ALWAYS given greater weight as evidence than when we make SELF-SERVING statements.

When someone CONFESSES to a crime they are MUCH more likely to be telling the truth than if they are claiming INNOCENCE.

So when the gold-bashers not only admit that there is NO REASON for their bashing, but then actually recommend BUYING GOLD (even in tiny quantities) that is big news!


"US Editor of The Economist: “Paper Dollar” and “Paper Euro” Will “Debase” in a “Big Way”"


www.silverdoctors.com/us-editor-of-the-e...a-big-way/#more-3727

Matthew Bishop, the US Editor of The Economist, has been interviewed by the Wall Street Journal TV about gold and why “people have lost faith in the 20th century religion of government backed fiat money.” He says that he has become an agnostic or an atheist with regard to his belief in government-backed money as he fears that governments are in a position whereby they are going to debase currencies such as the “paper dollar and “paper euro” “in a big way.” Gold becomes one of the “alternative religions” in that environment. History shows that a deleveraging downturn takes a long time and can take 7 or 8 years. Inflationary pressures are building and will be seen in the second half of the cycle, according to Bishop. Bishop says he would put some of his money into gold but is prohibited from this due to the investment policies of The Economist. He advocates owning gold as a “portfolio of money” and diversification and advocates having 5% to 10% of one’s money in gold. The Economist magazine has a strong Keynesian bias and has been one of the most anti-gold publications in the world with many simplistic, unbalanced and ill-informed articles. The publication has suggested on many occasions since 2008 that gold is a bubble. Clients of GoldCore have told us that they were prompted to sell their gold bullion as long ago as 2009 after reading such articles in The Economist...
Jeff Nielson
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Last Edit: 2012/04/17 13:14 By Jeff Nielson.
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