Gold! Gold! Gold! Gold!
The yellow metal has intrinsic value,
At least that’s what we are told.
Gary North says it’s so, and he would know.
He’s the investment guru of LewRockwell.com,
So it cannot – must not! – be a job of snow. No!
“A 50% drop in GDP during the first half of 2009.
Gloom! Doom!” cries Karl Denninger. But why,
Did he ban from Market Ticker this poem of mine?
“In coin shops all political truth can be found.”
So says Jeffrey Tucker. But how does he explain,
Why our golden investments have all run aground?
Zounds! $850, $250, $1000 and $700 in thirty years.
Gold prices are volatile, at least that much is clear,
I don’t get this dizzy after a whole case of beers!
Gold bugs claim: They’ve made millions since 1983.
But they’re living in plywood shacks in northern Idaho.
Should we believe what they tell us, or what we see?
In Moses’ time they danced around a golden calf,
Now Paulistas say, “Gold is money made by God.”
Not much has changed. What a laugh!