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TheMarketNZZ/Christoph Gisiger/2-21-2021
“I don’t believe life is going back to normal once we get to the end of the tunnel. There hasn’t been enough thought given on how behavior has been fundamentally altered from this past year of social distancing, travel restrictions and other curbs to movement, working from home.”
USAGOLD note: In making that comment, Rosenberg was addressing changes of behavior in the social realm. The changes in the workplace might be even more profound and irreversible. He goes on to cover the dangers of burgeoning debt and says that the central banks might be forced into more easing, not less – a viewpoint that runs contrary to the ‘fear of tapering’ now gripping financial markets. Rosenberg says he owns gold “not to make a killing but as a ballast in the portfolio” – a philosophy that coincides with our own here at USAGOLD.
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