Negative-yielding debt sends investors scurrying into gold

Financial Times/Henry Sanderson/1-30-2020

image of 500 gram gold bar with chart in background

“Investors around the world are hurrying back to bullion.”

USAGOLD note:  Bank of China’s Xiao Fu, in this article, offers a baseline observation that goes to the heart of why gold is under accumulation among professional money managers and big investors.  “Gold,” she concludes  “becomes a necessity rather than an optimal allocation.”  We suggest a visit to the link for the rest of the story.

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