Recession Watch: Is gold really a safe hedge?
“In this kind of fiscal forcing or debt monetisation scenario aimed at bringing down the economy’s leverage while keeping unemployment low, gold could quickly play its role as something that retains its value relative to other assets. Certainly, the risks given the likely eventual policy response look asymmetric to the upside.”
USAGOLD note: A brief, well-written look at what steps central banks might take in the event of a new recession and what it might mean for gold.
Repost from 2-21-2019