To the contrary, our astonishment with the open mismanagement of global currencies as a whole, and the world reserve currency (i.e., the USD in particular), grows daily.

In fact, to fully un-pack the long series of comical errors and the failed experiment of politicized central bankers seeking to solve a debt crisis ($300T and rising) with more debt, which is then monetized by mouse-click money, would take an entire book rather than single article to address.

Hence our recent release of Gold Matters.

But just because central bankers are desperate, political, fork-tongued, and directly responsible for pushing global currencies, markets and rigged banking systems toward (and eventually over) an historically unprecedented debt-cliff, this does not mean central bankers aren't otherwise "clever."

That is, they'll do "whatever it takes" in the near-term to postpone the fatal fall which they alone have pre-determined for the global financial system.

As per usual, the central bank playbook is about artificial and centralized controls rather than natural supply and demand forces or honest, free-market price discovery.

After all, who needs honest capitalism when we have heralded its death with rigged banking systems and mouse-click money?