This (completely reasonable) change in investor behavior would send gold to the moon

John Rubino/Dollar Collapse

“Two points about Mobius’ suggestion that most portfolios should be 10% allocated to gold: First, the idea of replacing dollar cash with a historically better-performing store of wealth seems like a no-brainer in a world of soaring fiat currency debt and plunging interest rates. Second and vastly more interesting, the current allocation to gold in the financial world is about 1% of total investable capital, so moving from here to 10% would produce spectacular price gains for gold.”


Image courtesy of Visual Capitalist/Jeff Desjardins


Repost from 7-11-2019

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