Read my lips: it’s the beginning of the end of the gold bull. And it’s about time. For years we’ve had to listen to the media prattle on endlessly with their bull about the “barbarous relic”, the death of gold, that gold has become just another commodity with no monetary role. It’s about time all that bull be shoveled deep into a hole and finally laid to rest.
But bull doesn’t die that easily. The intellectually lazy, if not blatantly idiotic financial media, afraid to do much more than scrape the surface of the story or to simply steal tired old clichés from one another in a never ending circle of trite nonsense and uninspired drivel, continue to shovel on the bull in still higher piles.