Salient to Investors:
Tyler Durden writes:
- Jason Zweig at the Wall Street Journal recently described gold as “like a pet rock” and said owning gold was an act of faith.
- An article by Floyd Norris in The New York Times in 1999 slamming gold was followed by a 650% rise in the price of gold over the next 12 years and by Greenspan last year calling gold the premier currency, unmatched by any fiat currency, including the dollar.
Read the full article at http://www.zerohedge.com/news/2015-07-20/what-happened-last-time-mainstream-media-slammed-gold
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