Wednesday, August 12, 2015

Mainstream Media Gold Haters Should Really Be Worrying About What Is Going On In Their Own Backyard

Forbes points out that a recent Bloomberg article higlights that the gold rout has cost China and Russia $5.4 billion, an amount that would sound colossal were it not for the fact that U.S. media companies such as Disney and Viacom collectively lost over $60 billion for shareholders in as little as two days last week.


  1. Ha! Can't wait to hear how this will be spun if anyone picks up on it.

  2. It is a little dishonest to say that gold is holding its own, when it has been crashing for the last 7 months.

    1. It is a little dishonest not to point out the dates being referenced in the chart to try and make your point.