With gold and silver having suffered their biggest declines in their 12-year bull market, Bloomberg TV invited Ron Paul to comment.
Watching the video, one can easily see that the interviewers thought that they could hammer Ron, a long-time and vocal advocate of gold, because of the price drops. They were wrong.
The video is worth watching. Although the video is 12 minutes long, only the first eight minutes deal with gold, silver and the dollar.
One Response
The price of gold either has to go up or people simply stop buying it altogether. Now, the price is so low it won’t support the continued mining of it.