"Jon Hilsenrath, the world's best central bank reporter, says that the conclusion from this week is that the world's big central banks (the Fed and the ECB, natch) are on 'red alert' over the state of the US economy. "
I’m hearing 5-figure gold.
Some custodians seem to be leaking info that allocated gold at some of the central banks (gold which is supposed to be in the inventory and held for customers) has been leased out in a price suppression scheme, and replaced by paper.
If “paper gold” was gold, they’d call it gold.
Until you hold it in your hands, it’s just paper. Not gold.
All this aside, I still think the best investment is baked beans!