“Pet Rock” Indeed: Bank of America Says Buy Gold As Central Banks Lose Control

Posted on August 26, 2019 9:57 pm

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URL https://governmentslaves.news/2019/08/26/pet-rock-indeed-bank-of-america-says-buy-gold-as-central-banks-lose-control/ 

What a difference a few years makes. Back in the summer of 2015, a WSJ op-ed writer,  who somehow was unaware of the past 6,000 years of human history, infamously and embarrassingly said “Let’s Be Honest About Gold: It’s a Pet Rock.” Fast forward to today, when with every central bank once again rushing to debase its currency in what increasingly appears to be the final race to the debasement bottom, when even BOE head Mark Carney recommends that it is time to retire the dollar as the world’s reserve currency, pet rock gold has emerged as the second best…