Notable Quotable

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

“I have to say, the implications of a 59% jump in investment bankers buying gold for their personal portfolios has some alarm bells ringing. What’s going on at the banks? Are there problems looming? What do they know that we don’t? Something similar was going in the lead up to the Lehman crisis.… I don’t think it’s reason alone to go out, sell everything, buy gold and run for the hills. But it’s one of those telling insights, I’d say, to have at the back of your mind as you make your broader macro investment decisions.” – Dominic Frisby, MoneyWeek

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Share
This entry was posted in Notable Quotable, Today's top gold news and opinion. Bookmark the permalink.