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Gold by Gold Bugs

Over lunch with the Financial Times, more ignorant snickering about gold Submitted by cpowell on Tue, 2010-08-24 Dear Friend of GATA and Gold: A “Lunch with the FT” interview with “When Money Dies” author Adam Fergusson, published Friday in the Financial Times and written by Jonathan Ford, was interesting enough but couldn’t help concluding with the caricature used to smear anyone interested in gold — the survivalist loony seeking to be vindicated by the collapse of civilization. Ford writes: “As we finish our main courses and order coffee, I mention that I have been talking to some of the gold bugs who venerate Fergusson’s book. They do not share his horror of inflation. Rather, they long for a new Weimar, in which paper currencies collapse, leaving gold as the only trusted store of value. This is a world in which we are all forever descending into our cellars, with a shotgun


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