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Guy Christopher: The seven biggest lies told (and believed) about gold
By Guy Christopher
via Money Metals Exchange, Eagle, Idaho
Tuesday, December 26, 2023
It's hard to say which lie about gold is the biggest whopper.
Many widely held beliefs about gold are lies -- propaganda hammered home to have us believe that the only true measure of wealth is government-issued debt.
Big Lie #1: Gold is a barbarous relic.
Repeated for decades, this misquote of 20th-Century socialist economist John Maynard Keynes perpetuates a lie exploited as an almost biblical prophecy of gold's demise.
... Dispatch continues below ...
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What Keynes wrote in 1923 was "the gold standard is already a barbarous relic." Big-spender Keynes was advocating legislation to demolish gold's restrictive power over government spending.
While the classic gold standard (gold backing paper money) no longer officially exists, governments buy and sell gold around the clock. And they hold it in reserve -- and have even been building those reserves recently at record rates. ...
... For the remainder of the analysis:
https://moneymetalsexchange.substack.com/p/the-seven-biggest-lies-told-and-believed
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"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
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