“There is so much money being printed by the US and around the world already, I think that in itself bodes well for gold in the medium and the longer term,” he tells The Age and The Sydney Morning Herald.
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“Whether there are spikes up or down as a result of whatever machinations may or may not occur in the presidential election that remains to be seen, and depends on their inflation targets and various other things … but the fundamentals are strong for a long time.”
Gold – a metal prized for thousands of years for its rarity and use in jewellery – is most sought after these days…