Someone who thinks it is could be charged with criminal stupidity...
Willful, premeditated, malicious, and totally ridiculous stupidity.
We've been hearing a lot about how the price of gold should really be over say, $3K/oz because of the "true" inflation and the fact that gold is "real" inflation-proof money. Seriously, anyone who truly believed that would be hocking everything buying up gold hand over fist, and then: making a profit.
Most know better but the few who really believe have never managed to get past that first part.
how the price of gold should really be over say, $3K/oz because of the "true" inflation and the fact that gold is "real" inflation-proof money. I'm amazed that no one has invoked the stupidity of that Shadowstats guy (John Williams?) yet to back up their own stupidity.
The notion that arbitrageurs should go to jail simply because they understand trading better than others is remarkable. Maybe in the NWO, they'll hang with the free traitors. Capitalism is under attack from all sides.