Commodity Trade Mantra

Posts Tagged ‘John Paulson’

Mega Investors Loading up on Gold - Are They Cornering the Gold Market?

China has become a debt crisis waiting to happen. Central banks in Europe have deployed negative interest rates that rapidly erode value. And in the United States wealth has been borrowed from future economic growth to feed bubbles in stocks and real estate. That’s why billionaires are rapidly rushing into their old standby, gold. It’s the only asset that can be trusted right now.

The Rise and Fall of Gold

Gold bears say there are fewer reasons to own it now because central banks have engineered an economic recovery without sparking inflation. Bulls say that consumer price gains will emerge again and that supply could be restrained by higher mining costs. Historically, gold has proved its worth among the arsenal of investments.

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