Gold as Safety?
Posted: Wed Aug 24, 2022 10:50 am
Short article...have things changed now regarding gold?
http://mrzepczynski.blogspot.com/2022/0 ... stors.html
Gold is outside money and is not a liability for anyone in the global economy. This is a significant characteristic that has been under discussed although we may be finding out that if you cannot sell gold in large quantities, it may not have the level of safety desired in a crisis; ask the Russian central bank.
The articles I enjoy most these days are the ones that land a never before thought of thought in my noggin. I may not agree, but I love the exposure which is always valuable I feel.
http://mrzepczynski.blogspot.com/2022/0 ... stors.html
Gold is outside money and is not a liability for anyone in the global economy. This is a significant characteristic that has been under discussed although we may be finding out that if you cannot sell gold in large quantities, it may not have the level of safety desired in a crisis; ask the Russian central bank.
The articles I enjoy most these days are the ones that land a never before thought of thought in my noggin. I may not agree, but I love the exposure which is always valuable I feel.