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A comment on Texas Repatriates Gold at Federal Reserve in New York to Texas. Parent comment

Re:Texas Repatriates Gold at Federal Reserve in New York to ... by randomname2 on Saturday June 13, 2015 @06:49PM (#9713032)
It has been for over 6000 years. And it could be useful in far less catastrophic situations.

Some economists such as Willem Buiter like to claim gold is in a "6000-year bubble", but others figures like Kyle Bass counter:

"Buying gold is just buying a put against the idiocy of the political cycle. It's that simple"

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Re:Texas Repatriates Gold at Federal Reserve in New York to ... by seoguru on Saturday June 13, 2015 @07:40PM (#9713185)
Kyle Bass rant: https://www.youtube.com/watch?v=QWmOmt1zJ7Y "5 Reasons Why Kyle Bass is Wrong About Japan"
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