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Barron’s/Andrew Bary/3-3-2020
“’The flows into gold are just getting started,’ says Peter Grosskopf, chief executive of Sprott, a Toronto asset manager focused on precious metals. ‘Gold is now being seen as mandatory portfolio insurance and not a fringe asset. It has a long way to gain on fiat currencies’ like the dollar that aren’t backed by anything tangible”
USAGOLD note: Grosskopf echoes a theme we have seen from a number of analysts over the past several months as fund managers and institutions move to inoculate their portfolios against a number of potential economic and financial ills.
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