Chasing Fools Gold aka Central Banker Alchemy

by Mark St.Cyr
Mark St.Cyr

Remember the story of “The Philosopher’s stone?” In a nut shell it was an alchemical substance capable of turning worthless metals into gold. Today, much like those of yore, central bankers across the globe are engaging in that never-ending quest for the ability to turn the worthless – into the precious.

And to the ill-informed it seems they have indeed achieved it. That is, as long as you wrap it in the same cloth as found in “The Emperor’s New Clothes.” For if not – the naked truth becomes appalling clear. And it ain’t pretty.

Case in point: Brexit? What Brexit? To those not actively involved in European politics, or the needing to understand the fallout – It’s like it never happened.

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