The Traderszone Network

Published in TZ Latest News 24 February, 2016 by The TZ Newswire Staff

How the Economist(s) manipulate gold’s value in one chart

Todays “Chart of the Day” from The Economist makes an attempt to show that gold isn’t doing any better when comes to preserve buying power than currencies such as the Swiss Franc (CHF) or the Japanese Yen (JPY). Roy Sebag, co-founder of BitGold and CEO of GoldMoney, took the liberty to point out the obvious (and many) flaws in their chart (see his comments below):

 

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