Gold as Safety?

[Kbg]

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.

[yankees60]

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.

Emphasis on "short". I was looking for / expecting more ... and then it ended abruptly!

[Kbg]

It's his style...delivers the point he wants to make and normally without a lot of explanation.