2013-04-01 CNBC covereage april 1st

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Topic: 2013-04-01 CNBC covereage april 1st (Read 2054 times)

Zomdifros

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Re: 2013-03-30 Replies from Michael Pento at 9am

April 02, 2013, 01:54:19 PM

#21

Quote from: Michael Pento

Most people mistakenly trust fiat currency produced by banks. The few that don’t trust government own gold and other PMs. Bitcoin, et al, is a fad for geeks and the general public will never trust it or understand it. and that is a shame because it is far superior to paper money.

Looks like a typical case of a guy who thinks he's so smart that anything he doesn't understand must also be too difficult for the general public to understand. Too bad for him he's actually an idiot.