X @Nick Szabo
Nick Szaboยท2025-11-12 21:49
RT Nick Szabo (@NickSzabo4)The central banks will as a result be left with inferior bags. (Though not nearly as inferior as government debt). Once they need to actually start moving the gold around they will discover the inferiority. And gold's relatively greater dilution will also be irksome in an industry where even a single basis point is usually important. ...