Economists do it with models. Mental models. Mental models that fall to pieces the moment they are faced with the cold light of reality. - Me
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Thursday, October 17, 2013
Another factoid in the goldbug's favour
Here's the Peru ETF:
Y'know, if gold was truly done for, forever and ever, then you'd have to think nobody would want to buy an emerging market like Peru that's one of the largest gold producers and whose economy is so dependent on gold.