“Do not look at what a central bank says… look at what a central bank does.”
In today’s 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari exposes the world’s central bankers’ doubletalk on gold.
Central bankers hate gold. It’s a glaring reminder of the sound money system they steered the world away from. Gold rises as confidence in central banking falls.
But while central bankers ridicule gold with their words… their hushed investments in gold bullion and gold-mining shares paint a different picture.