It seems the mentality of the anti-gun crowd has seized central bank gnostics running things in Europe. Typical of leftist central planners (redundant, I know), they make themselves incapable of separating cause from effect. Guns kill people, they say, ad nauseam. It’s as though though it isn’t universally understood that inanimate implements which may be lethal when mis-used by human agents, have NEVER been observed to levitate and inflict lethal harms on nearby innocents. It’s the guns which kill. Like in Paris’ Bataclan Theatre a few years ago, for instance. Those bad guns!, say the causality challenged. Now gold will cause financial collapse, they aver.
That bad gold may, say the bankers, cause economic collapse because it is too valuable! Completely unrelated - unthinkable actually - is the quaint notion that the price of gold is in any way related to the value of fiat currencies they control completely. That the rising price could not possibly be a result rather than a cause of gold’s recent price rise escapes them, somehow. And these are the geniuses in charge of money!
How far can they go with this to ensure we all forget unprecedented (previously unimaginable) quantities of fiat money creation. Be sure we ignore government’s astounding levels of debt amid wild domestic power grabs, censorship and punishment of any and all disagreement. Nope, none of that, according to the ECB sages could possibly be causes of gold’s increase in value compared to corrupt and increasingly-valueless fiat Euros. Do not remember that the USD had lost nearly 99% of its purchasing power since the Federal Reserve took the reigns of the dollar.
And I thought it was only the government schools which dumbed down the students, hence the populace. These latter must have graduated to become innumerate, indeed decerebrate central banksters. The west would be clown world, if only there were any drop of humor in the burgeoning tragedy.