Pollitt Calls Out Economist and FT as "Pravda" for the Gold Market

Pollitt writes: "Much as Pravda was driven by the views of Uncle Joe Stalin, so the Economist/FT appears, when it comes to gold, to be driven by the views of Western financial policymakers."

He adds: "The Economist gently ridicules the 'wonder' that humanity has 'too often' reserved for gold. Should this 'wonder' instead be reserved for the dollar? Or should The Economist note the wonder of the dollar and Sterling, both of which have lost 99 percent of their purchasing power in the last century, still being reserve currencies?"