Friday, August 24, 2012
Sandeep Jaitly Has Been Forced to Resign From the Gold Standard Institute
Kevin Killinger has done some leg work to confirm directly from Sandeep Jaitly that he has been forced to resign from the Gold Standard Institute after his bizarre attack on Ludwig von Mises during an interview on the Max Keiser show.
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Haha this story keeps getting better and better. Apparently Keiser is now going to multiple episodes "debunking" the "fake" Austrian economists. Wonder who will interview, now that Mr. Jaitly has been discredited.
ReplyDeletehttp://www.tomwoods.com/blog/max-keiser-woods-is-running-scared-i-respond-with-a-challenge/
DeleteYup, and now Tom Woods is challenging him.
ROFL can anyone say irony? This guy criticizes Mises on gold and gets fired from a Gold Institute.
ReplyDeleteI posted this in the comments on Keiser's blog. They didn't put it through.
ReplyDeleteIt's there now. That's how I got here. :)
DeleteAnon, really? It still says Your comment is awaiting moderation.
DeleteLike most liberals, Max is a pro when it comes to complaining about government (and rich people), but a fool when it comes to what the right answer is.
ReplyDeleteI never really liked Keiser since the Crash-JPMorgan buy silver thing he promoted. He seems to have a personal problem with wall-street (where he used to work?) and uses his tv shows as a platform for his hate speech. He's a troublemaker who doesn't really have any ideas except for violent murder of banksters and a violent revolution.
ReplyDeleteHe doesn't strike me as the academic type and I doubt he has actually read an austrian economics book cover-to-cover. Any analysis is usually plagiarised from zerohedge!
Hmmm... looks like Jaitly is gaining street cred on the reported loss of institutional membership news... something about some person they found that didn't place any inherent value on gold. Probably one of those kids that was raised by wolves or some other aberration. Does a "wolf-child" really have free will when he/she is desperately seeking their next meal? Reminds me of that scene from Trading Places where Eddie Murphy makes that comment regarding the economic impact of holiday shopping for G. I. Joe with the Kung Fu Grip. G. I. Joes w/KFG are fungible. Gold is fungible. End of story. Kids want gold for Christmas... everyone knows that, even Cass Sunstein's kids can't be nudged off of gold this holiday season (assuming he has kids who can involuntarily donate their vital organs like you and me). Argue all you want about whether gold is money or not. It's shiny. It's yellow. It's scarce. That's a fact. Well, two out of three ain't bad.
ReplyDeleteDave Harrison
www.tradewithdave.com
According to "Meet the people of the Gold Standard Institute"
ReplyDeletehttp://www.goldstandardinstitute.com/People.aspx
"Sandeep read mathematics at Imperial College, London. On graduation, he began working in finance at Odey Asset Management in London. Latterly, Sandeep was an investment manager concentrating on global equities with a bias towards India and China, at Soditic CBIP.
Since encountering Prof. Fekete’s work, Sandeep has been concentrating on its application to practical investment – with emphasis on the gold market. Sandeep lectures worldwide on a broad range of topics related to Mengerian economics with Prof. Fekete. Sandeep is establishing a unique gold fund that allows investors to earn a return in gold upon their gold holdings."
Wanted to post this before it disappeared into the memory hole.
Because Keiser's arguments persist in not making sense to a well informed observer, despite becoming increasingly "sophisticated" (read Obscure/Arcane), perhaps one should question whether TRUTH is really the ends persued by these means. These provocative attacks with little of substance behind them, can then be considered as an attempt to weaken the 'libertarians' by causing disunity and infighting.
ReplyDeleteDespite his large megaphone, Keiser has all the markings of a Clown. Perhaps the best response is to merely laugh at him. He has certainly earned that.
I'm not surprised that Jaitly was fired. Any professional who is shown publicly to be a complete idiot in what is considered his speciality would lose their job. In previous interviews he has sounded confused but in his last interview, he came off as being a complete idiot.
ReplyDelete