Boss of £782m investment trust focuses on gold

FTAdvisor/David Thorpe/6-18-2019

“The trouble is that overall market levels generally do not reflect the current fortunes of the economy,” [says Scottish Trust’s Alasdair McKinnon], “Market levels, in fact, better reflect the degree of confidence in the aforementioned ‘disruption’ bubble. As we expect this bubble to deflate, we think it is highly likely that President Trump’s vociferous campaign for the US Federal Reserve to cut interest rates and print more money will ultimately prove successful.”

USAGOLD note:  Gold, McKinnon suggests, should do well under such circumstances.

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