Paul Singer: ‘This is a perfect environment for gold to take center stage’

Reuters/Lawrence Delevingne and Svea Herbst-Bayliss

photo showing a stack of gold kilo bars“The hedge fund said gold, long a safe haven investment, and credit investments may be the most lucrative for investors as the world tries to climb out of the recession.”

USAGOLD note:  We haven’t heard much from Paul Singer of late.  He resurfaces to issue a warning on stocks and put in a good word for gold in a recent client letter.  He says that fair value for the metal “is  literally multiples of its current price.”

Repost from 4-19-2020

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