MarcFaber

4 votes

Gold and CNN

I was working out today and got my over consumption of CNN International at the gym. One thing I noticed was that CNN was going out of its way to show the gold price. Before and after each commercial for the hour I was in the gym, they threw the price of gold up on the screen, nothing else, just GOLD and a huge red arrow pointing down. It was very strange. It definitely felt like they were cheer-leading the price down. Obviously the talk of the day was Greece, but it seemed the second fabricated "story" of the day was the gold price decline. It made me want to run and buy more....

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