Precious

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Yeah, OK, I’ve had enough of “precious” metals. I had, for a while, joined the kook train, thinking that “real” money would be smart insurance for central banker lunacy. Well, folks, the central bankers have won, and gold has been suck-tack-ular for years now. Mercifully, I dumped almost all my bullion a few weeks ago when I was still able to clear a tiny profit. I thought we might have a little bounce, but this thing isn’t getting up off the mat. And God help the miners!

1209-gold

Is gold still “precious”. Oh, absolutely. In this sense………