Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule.
CBC aired a documentary called “The Secret World of Gold” last week.
Some people claim that much of the gold held by the Bank of Canada, the Bank of England, the Federal Reserve and Fort Knox is gone — that for every 100 ounces of gold traded, there exists only one ounce of real, physical gold.
The film looks at the power and politics of gold — where is the gold and who really owns it?
Canadian viewers can watch the full-length program streamed on the CBC website.
For viewers in the US and beyond, check out a YouTube video version posted in three parts.
In any case, checkout the accompanying infographic (halfway down the page), “10 Fascinating Facts about Gold.”
Image via Wikimedia Commons
