central banks buy gold, page-47

Steven

Stocks, commodities, oil and precious metals all sold off overnight. Market fear saw a liquidation of ALL assets - except a few key traditional safe havens. The US dollar rallied strongly, as did US Treasuries. No surprises there because safety is simply relative. That's exactly what happened during the initial GFC so we should expect no different as GFC 2.0 unfolds too. And that's the simple reality of understanding the current economics.