Thursday, September 29, 2011

People should never make investment decisions based on reporters

In the world of journalism and reporting, quite often the talking heads and telepromptor readers have no background or idea of the pablum they give to Americans from the great living room programming device (tv).

Such is the case with this news reporter, who attempts to speak on business and why the Dollar is a better investment than gold simply because...

The dollar is backed by the government.

Im sure the Chinese, oil shieks, russians, and other non-western countries who are accumulating it by the boatload have their trust in the US government as much as this ... err um, reporter.


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