Central Banks & the Absence of Tools
Central Bankers are trapped; Keynesian Economics remains the only tool in their quiver, and they are running out of arrows. The Fed Watchers are neck-deep in mainstream media propaganda [...]
Central Bank Hoard of Gold
It is very interesting that I just purchased a hoard of $20 liberties, all uncirculated like the day they came from the mint and all dated 1904. The source was a foreign central bank. They were going through their reserves and came across this exciting hoard. It just goes to show that sometimes being disorganized results in new discoveries and excitement all the time. This batch was 500. The fact that every coin has the same date demonstrates that it was indeed a reserve asset directly from the Philadelphia Mint.
The post Central Bank Hoard of Gold first appeared on Armstrong Economics.
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