How the Mainstream Media Lies about Gold & Inflation
From David L. Ganz, Numismatic News
The numismatic hobby and gold investors might have been excited when gold passed the $1,200 milestone, but you would never guess it from mainstream media reports.
In fact, the precious metal is being trashed by mainstream media that claims it has not outpaced inflation; that it would have to go to more than $2,500 an ounce before it made up for its lack of traction over the years, and a host of other calumnies.
Numbers don’t lie, but the statistics that are being quoted are being manipulated to give gold, and by implication gold coins that follow bullion, as well as the highs and lows of the gold market, a bad or at least tarnished name. Except that one of gold’s virtues is that it doesn’t tarnish.
“the true color of gold and its value through the years…..”
Source: http://numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=8858
