Like deer in the headlights

The New York Sun/Editorial

“No doubt the scantness of comment owes to the absence of leadership on this head. Between the pandemic of Covid-19 and the compulsion about making sure the stock market stays aloft, and the pending election, our leaders in government and the press have stared at the signals gold is sending like deer in the headlights. Or they have looked away entirely, mocking the idea that the classical monetary metal is even capable of sending a signal.”

USAGOLD note:  Some well-conceived comments on the New York Times editorial featured immediately above.  We return to the Thomas Kaplan quote featured on this page late last week: “I’m no insect.  Gold is a great way to make a lot of money.”

Repost from 8-10-2020

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