by
Chris Martenson
It is pretty clear that gold has its detractors in the mainstream press, and this next article is so over the top as to be an hilarious object lesson in the art of gold bashing.
It all starts with the title itself and gets funnier quickly.
US gold ends down $1, fails to break above $1,000
First of all, gold ended UP on the day by $2.80, not down. Second of all, you’d never see a similarly worded headline for, say, a favored stock which had just finished the week up 35 bucks. Can you imagine if Google went from $400 to $414 for the week reading the headline “Google fails to break above $415?” I can’t either.
Here’s the rest:
Gold Bashing 101: A Mainstream Press Primer
PREVIEW by Chris MartensonIt is pretty clear that gold has its detractors in the mainstream press, and this next article is so over the top as to be an hilarious object lesson in the art of gold bashing.
It all starts with the title itself and gets funnier quickly.
US gold ends down $1, fails to break above $1,000
First of all, gold ended UP on the day by $2.80, not down. Second of all, you’d never see a similarly worded headline for, say, a favored stock which had just finished the week up 35 bucks. Can you imagine if Google went from $400 to $414 for the week reading the headline “Google fails to break above $415?” I can’t either.
Here’s the rest:
by
Chris Martenson
In a podcast in February of 2009 before the “big plunge,” I related a concept that I call “from the outside in.” Basically this theory holds that when trouble starts in financial markets, it begins in the periphery with the weaker markets, before spreading to the center.
At the time, I was deeply uncomfortable with what I saw in several European markets, as well as India’s.
This time?
China has had a particularly rough August, although September has seen a modest recovery, with the first three days of the month almost covering the territory lost on the final two.
From The Outside In – China’s Stock Slump
PREVIEW by Chris MartensonIn a podcast in February of 2009 before the “big plunge,” I related a concept that I call “from the outside in.” Basically this theory holds that when trouble starts in financial markets, it begins in the periphery with the weaker markets, before spreading to the center.
At the time, I was deeply uncomfortable with what I saw in several European markets, as well as India’s.
This time?
China has had a particularly rough August, although September has seen a modest recovery, with the first three days of the month almost covering the territory lost on the final two.
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