Morning Porridge/Bill Blain/5-16-2022
“Most of the market stabilization liquidity injected by central banks flowed into financial assets, where price inflation was mistaken for investment genius.”
USAGOLD note: That quote from Bill Blain is one for the ages. Now your favorite central banker, no matter where you call home, is walking a tightrope stretched over a financial abyss. The real question with respect to how you invest your money is whether or not you think he or she will make it.