Re: If OPEC Can Cut Oil Production, Why Can't GATA Do the Same With Gold?
posted on
Sep 10, 2008 04:21AM
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Most people don't get it. They think bonds are a haven. They think inflation is tame - though they see the rising prices.
Most people don't listen to FSN, or even think about economics.
FSN has about 600-700K listening. In a population of 300 million. So, even if 1 million people listened every week, and agreed with JP's key points, you would still only have a 1/3 of 1%. And certainly there are people out there not listening who "get it". But not too many, based on conversations with others.
Most are fooled, and on the other side of the trade. And that's what makes it obscenely profitable for the few on the other side.