Hardman & Co Insight: Gold and a Chinese credit event
A western phenomenon?If you own, or are considering owning, gold or gold equities, it’s likely that you’re concerned about protecting your wealth, or the performance of your fund, in the expectation of some kind of financial instability. Maybe your confidence in policymakers is ebbing, or you’ve researched debt bubbles in history and concluded that physical gold and silver have been the safest places to be invested when they unwind. Maybe, you can’t put your finger on it. You don’t know where it might come from, but something doesn’t feel right.
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