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FSN: Smart Money Not So Smart When it Comes to Gold

Tuesday, September 11, 2012 22:12
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

from Wealth Cycles

In the final issue of the Wall St. Journal’s Smart Money magazine, they touch on their greatest “Hits and Misses” over the course of their 20-year run. We at Wealth Cycles consistently review the news and data presented to us on the state of economies, currencies, cyclical investing, history and certainly regarding precious metals.

That is why when we caught Smart Money’s biggest “miss” in their September 2012 finale, we knew we had to respond. Back in June of 2004, the magazine interviewed Gold Anti-Trust Action Committee (GATA) Chairman Bill Murphy, who remarked that the monetary metal, then priced at $422 per ounce, would double. Here is where it gets good:

Continue Reading at WealthCycles.com…



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