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The gold market and equities have been rallying with each other for the last few months as they are being driven higher by the same variable: unprecedented cash printing as well as stimulus steps, according to one Canadian fund supervisor.
In an interview with Kitco Information, Hans Albrecht, portfolio supervisor at Horizons ETF, said that equity markets are seeing a rally as a result of all the cash the reserve banks have created. Nevertheless, at the very same time, capitalists are relying on gold as they try to find bushes versus climbing inflation as well as money debasement as an outcome of all this stimulus.
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Gold prices and equities will continue to move together – Horizons ETF
The gold market and equities have been rallying together for the last few months as they are being driven higher by the same factor: unprecedented money printing and stimulus measures, according to one Canadian fund manager.
In an interview with Kitco News, Hans Albrecht, portfolio manager at Horizons ETF, said that equity markets are seeing a rally because of all the money the central banks have created. However, at the same time, investors are turning to gold as they look for hedges against rising inflation and currency debasement as a result of all this stimulus.
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