Mohamed El-Erian (former head of PIMCO and former manager of Harvard's endowment) on Bloomberg: "Smart people are replacing a portion of the US Treasuries, in the risk-mitigation part of their portfolios, with high-grade bonds and gold." El-Erian says gold is becoming to have multi-faceted value, analogous to 'big tech'; it's defensive, it's a reflationary trade, it's inflation protection.
https://www.bloomberg.com/news/videos/2020-08-07/el-erian-says-gold-is-becoming-everything-to-everybody-video
OTOH, we have JP Morgan's Anastasia Amoroso, saying JPM is selling calls on gold, because real yields on US Treasuries have stopped dropping (albeit at lower than -1.0% LOL). Does recommend holding gold, just saying calls are underpriced.
https://www.bloomberg.com/news/videos/2020-08-07/sell-gold-calls-as-real-yields-stabilize-jpm-s-amoroso-says-video
- Forums
- ASX - By Stock
- SAR
- Comparative Analysis of Various Gold Stocks vs Gold Price
Comparative Analysis of Various Gold Stocks vs Gold Price, page-113
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SAR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online