Dow Theory Letters Richard Russell on central banks: "Why are they swapping their own beloved products for gold?"
Richard Russell of the timeless Dow Theory Letters asks this question about why global central banks are buying physical gold right now with their paper currencies: “Why are they swapping their own beloved products for gold?”
Good question. I think they don’t trust their own paper currencies. You shouldn’t either. Read especially his eight items on how GOOD money should have unique characteristics. A golden coin has all eight unique attributes. This is not the first time a gentleman with a background in stocks like Richard Russell has vocalized the words “Buy Gold!“ Richard was one of the first to point out the gold bull market! Get yours today at Lear Capital !