Because it's NOT money?.............from Rico

Always good for a hearty guffaw, my personal favorite Central Banker (Benny of the Fed) not long ago seriously asserted that Gold was NOT money.
- The loveable joker was, of course. "talking his book" and trying to hoodwink everyone into thinking that prettily-engrave scraps of cotton linen that were Fed 'promises' tp pay you...er, nothing, were (aka Federal Reserve Notes).

Little noticed or remarked upon, however, has been some interesting buying of Gold by many of the world's Central Banks.
- Central Banks added nearly 500 tons of Gold to their reserves last year (the most in five years).
- Central Banks will buy at least 400 tons of Gold this year.

Why?
- I don't think it's because they think Gold is not money, but rather that they understand better than most that all global fiat currencies are dying, just at different rates of speed and their prognosis is mortal in the end.