Without asking a single question, The Economist is sure that gold

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Without asking a single question, The Economist is sure that gold does nothing

Dear Friend of GATA and Gold:

For journalistic arrogance and disinformation it is always hard to top The Economist, which never asks questions but rather simply presumes that, by definition, it knows.

Such was the case again this week as the magazine's M.C.K. commented obliviously on the Bundesbank's attempt to repatriate a little of its gold vaulted abroad.

In a little essay headlined "Monetary Economics with a Vengeance" --

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