Currency war fears bolster demand for havens
“‘While not my base case, the prospect of a US-China currency war is worrying and has risen in probability,’ said George Efstathopoulos, a portfolio manager at investment manager Fidelity International. ‘I expect demand for safe havens to persist [and] both the Japanese yen and gold should benefit if the situation escalates.’”
USAGOLD note: This Financial Times article covers the range of safe havens from the yen to the Swiss franc to gold. . .worth a visit.