A Tribute to the World's Greatest Gold
He probably doesn't even know it... but George Bush Jr. is undoubtedly the
World's Greater Gold Promoter of all time ... the guys at GATA and the World
Gold Council, and the StreetTracks ETF guys are just Piker's compared to the
influence Dubya had on the global Gold market.
The re-election of George Bush
Jr. in 2004, immediately put a floor under the Gold price... the price of Gold
hasn't gone below $400 per oz. since... and I'm not saying Gold is going back to
$400, because instead of Dubya, we've now got "Tiny Tim Geithner and "Ben
Bonkers Bernanke" printing and dumping trillions of dollars created out of thin air
onto their banking friends.
Bill Murphy from GATA often likes to think the Dawson Creek GATA conference
pushed Gold quickly up into the $700's ... but what Bill fails to mention is;
at approx. the same time, the FED began a nefarious campaign to hide
inflationary financial data from the public by eliminating M3
... I hate to burst your bubble Bill, but the surge into the $700's was a mostly
a result of Bernanke trying to hide (and he did a bad job of it) inflation data
from everyone outside of the Federal Reserve inner circle.