Oh, by the way, I’ve been getting some taunting because gold is up some since I wrote about it. Indeed:Then, lol, he posts this chart to show his NYT groupies what a dog gold is:
Since Krugman won't do it, here is a chart showing the performance gold has put in since 1975:
How did he lie? He was merely referring to a blog post on April 15, 2013 titled "Gold does not glitter", the day gold crashed. People said he overreacted because gold came back a bit. He was merely pointing out that it still has a long way to go to make up the ground lost in the crash.
ReplyDeleteHe has the full price history displayed in a blog post September 10, 2011, 12:04 pm titled "Golden Spikes"
Again, he has the same data on August 26, 2012, 3:18 pm in a blog post titled "Golden Instability"
The full price history was not relevant to his post so he did not include it. He did not lie or try to mislead anyone.