Mobius: Should be buying gold on any level

Bloomberg/TV Interview

USAGOLD note:  “The long-term prospect for gold,” says Mobius, “is up, up and up. And the reason why I say that is money supply is up, up, and up. You know with the efforts by the central banks to lower interest rates they’re going to be printing like crazy.” He thinks a typical portfolio should have about 10% in physical gold.


Repost from 8-20-2019

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