Mr. T lays out a beautiful case for the barbaric relic on Bloomberg TV…
At first blush, this would appear to be a classic contrarian market indicator. But actually Mr. T is not pitching to sell you gold, but rather buy your gold in exchange for – wait for it – cash. You know, the stuff that you can actually pay bills with and pay down debts. So I’ll let you decide for yourself if this is a contrarian signal, or just some entertaining TV.
Cash, not gold, is the object that deflationists believe folks will be scrambling for, if/when the next wave of credit crashing commences. And Mr. T’s here to help you make that monthly payment, one more time.
Hat tip to correspondents Dr. Evil and Carson, for each passing this gem along.