Ashley Biden’s Journal Confirmed to be Factual Yet Again
The mainstream media continues to sweep this information under the rug, but if it were not (D)ifferent), this would be one of the biggest presidential scandals in modern history. Joe [...]
Panic of 1857 & Gold
QUESTION: Didn’t you also buy gold bars from the SS Central America ship that was discovered? The gold bugs hate you and say you are bearish gold but you buy a lot of it.
All the best
JE
ANSWER: Oh yes. I tend to collect important relics from major economic events. The sinking of that ship set off a financial panic in NYC because the banks were counting on that gold shipment. I did buy bars. There were some 30,000 pounds (13,600 kg) of gold and about 15 tons were recovered.
They are a piece of history. I would not melt them down.
The post Panic of 1857 & Gold first appeared on Armstrong Economics.
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