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The dumbest journalist ever? Says gold is 'backed by nothing'
(40783 views) Uploaded 9/30/2011 11:49:43 AM by HealthRanger   (1038 videos)

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Watch in awe and be amazed at the sheer genius of it.

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Video Keywords: dollars    journalism    gold    mainstream media    economic fallacies    ctv   

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Viewer Comments (4 total)

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Posted 2/14/2012 1:45:29 PM
The ignorance of the topic matter is depressing. A LARGE portion of the population accepts this kind of news as the gospel. The reporter in this clip is quite oblivious to the meaning of the words coming out of her mouth. She is mis-informing her audience. She, and her broadcast network owe their viewers an apology.
Posted 10/2/2011 7:22:07 PM
Why get in front of a camera and talk about things you clearly don't know or understand. "Gold has no backing" I can't help but laugh at this statement. Gold has more than "TWO THOUSAND YEARS OF BACKING" As for me I will put my backing towards gold and silver all day long, instead of any modern day paper money made by man. The big question here is, what will be around in another two thousand years? Don't be fooled by the manipulators folks!
Posted 10/1/2011 11:37:48 AM
Wow. Obviously not a history major. She can read a script and though she does know what it means (like our learned president) she would be more believable if she merely died her hair to blonde. A golden color of value to some.
Posted 9/30/2011 3:49:21 PM
I'm embarrassed that this report comes from where I live; Calgary. I have gold and silver not because I want to see them go to $10,000 and $500 and ounce respectively, To me that's like saying it's worth 10,000 acorns. I have it as a hedge against inflation and because one day it may be the actual currency. If people trade their physical gold for paper dollars, they are insane (unless they tie the currency back to gold for the first time in 40 years). Contrary to this report, I say buy the gold/silver on the dips because it will be more affordable. But once you have it, don't care what the price fluctuation does!

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