The Strategy of "L'Infamie" continues to fail against Ron Paul and Gold.

It has been almost five years since we wrote the article below entitled "Ron Paul, Gold and L'Infamie".

The old article:

William Guy Carr, in his book entitled Pawns in the Game, describes how the Powers That Be have throughout history tried to discredit people or institutions that have threatened their power. The strategy described by Mr. Carr is called l'infamie which is French for infamy. In Pawns in the Game Carr describes how campaigns of l'infamie were started against Louis XVI and Marie-Antoinette during the French revolution and also against Tsar Nicholas II during the Soviet revolution of 1917. Human nature does not alter with the passage of time and with that in mind we have detected the following campaigns of l'infamie.

Back in April of 2004 the Financial Times of London started a campaign of l'infamie against gold and the concept of sound money. In an editorial entitled Going, Going, Gold* the anonymous FT writer ended his diatribe against the yellow metal by saying: Whatever the speed, the direction is clear. Gold is on its way out as an investment and reserve asset. Three cheers for that. All we, at ForSoundMoney, can say is that since the FT of London tried to discredit gold the price of this barbarous relic has risen from $400.65 to $655! The popularity of the gold and silver ETFs or Exchange Traded Funds in the last few years and the increasing appetite for gold by the emerging markets' central banks and private investors are contributing to the failure of the FT's campaign of l'infamie agains the purest and truest barometer of the monetary inflation created by the Powers That Be through their central banks.

Forward to May 2007 and we now see a campaign of l'infamie being directed against Rebublican presidential hopeful Ron Paul by the Powers That Be through their media channels or the so-called mainstream media. The power behind Ron Paul's message is the truth of his message and that does not please the Powers That Be and their manistream media. Ron Paul won the MSNBC GOP debate and then came second in Fox News GOP debate according to a the Fox News telephone poll. Fox News has tried to discredit Ron Paul after his recent successes and Michigan GOP leader Saul Anuzis has tried to barr Dr. Paul from future debates. The Michigan GOP got so many calls, e-mails and faxes in protest that it decided to back down from its campaign to barr Ron Paul from future debates.

Like with gold the Powers That Be are having a difficult time suppressing Ron Paul's message of liberty, truth and common sense. It is not surprising that Ron Paul is also a proponent of constitutional money and a gold and silver backed monetary system. We at ForSoundMoney think Ron Paul's stock is only starting its bull market. We think the current bull market in gold goes hand in hand with Dr.Paul's growing popularity.

The original article's link

As one can see at the time Ron Paul was considered a fringe candidate for President of the United States while now, in 2012, Ron Paul is the only challenger left to fight Mitt Romney for the Republican Party nomination. Some polls even reveal that congressman  Paul is the best Republican to challenge President Obama in November!

As for gold we continue to see more and more investors and institutions turn to gold as a place to park and preserve wealth. Back when we wrote the original article the troy ounce of gold cost $655 while today as this article is being written gold is being offered at $1640 per troy ounce! There are still some who are trying to discredit gold and say it is not money.

So after five years the establishment's strategy of "l'infamie" against an honest politician and honest money continues to backfire.

*The FT Editorial