Counterparty Risk?

Thursday, September 17, 2020

Counterparty Risk? Yes, sometimes it is hidden and invisible, but for so many assets it is existent, nonetheless. But it is something completely unknown to many tangible assets. This is one of the big advantages of tangible assets over everything tied directly or indirectly to the financial system and its prices, that are commanded by central bank bureaucrats since more than a dozen years and with no policy change in sight.