The world’s super-rich are hoarding physical gold

YahooFinance/Myles Udland

photo of large pile of Swiss 20 franc helvetia gold coins“But the firm also surfaces some really interesting data on how investors have expressed their desire to own gold. Which is that owning the physical metal seems to be the global elite’s preferred way to hedge against tail events.”

USAGOLD note:  If you’re going to own it, own the real thing. . . .We referenced this article in yesterday’s DMR and repost it here for those who may have missed it.

Repost from 12-12-2019

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