I really wonder what these mental giants think. Should european, british or US bonds either default or be repaid with devalued currency, how could that be bearish for gold? The less attractive bonds become, the better for gold since gold is the only broadly accepted asset that can neither default nor be inflated. The whole concept of gold being a "risk asset" is as stupid as it gets. Reality put upside down. This from the same bunch that tells us US bonds were a "safe haven". Bats**t insane IMO.
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