Click here to get this article in PDF
Bloomberg/Ranjeetha Pakiam/7-9-2020
“Even after governments and central banks unleashed vast amounts of stimulus to prop up economic growth, helping drive real yields below zero and making bullion more attractive, there’s speculation that more policy action may be needed. Investors should favor stocks and gold over bonds and cash because the latter offer a negative rate of return and central banks will print more money, according to Bridgewater Associates’s Ray Dalio, founder of the world’s largest hedge fund.”
USAGOLD note: Dalio’s gotten it right on gold from long before the pandemic hit. He’s still whistling the same tune, still getting very positive results. He’s one of a group quoted in this article – all bullish on gold’s future prospects.