by Chris Powell
GATA.org
Dear Friend of GATA and Gold:
In an interview on CNBC seven years ago, the soon-to-be-ubiquitous James G. Rickards made an observation for the ages, an observation that could be the preface for Chapter 1 of every economics textbook that aspired to be more than disinformation for the financial class.
“When you own gold,” Rickards said, “you’re fighting every central bank in the world”: