“And right now, banks are buying up gold hand over fist. Central banks currently hold 20% of all the gold ever mined—33,000 metric tons. And JPMorgan Chase says they’ll buy another 650 tons this year and next. Why? Gold is for the I don’t knows. And right now, there are a LOT of I don’t knows.”
USAGOLD note: For all of life’s uncertainties, particularly those involving financial markets – for all the I don’t knows – a stash of gold and silver coins and bullion covers many bases. Simon Black offers a solid, quickly-read rationale at the link above.