August 29, 2019
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Mobius speaks to Bloomberg on the importance of gold at any price.
Also, this week both J.P. Morgan and Bank of America advised their biggest clients to buy gold to protect their wealth in worsening economic conditions.
The Bank of America report includes the following chart comparing the gold bull market following 2008 with conditions today.
The implication is that the current gold price rally still has a long way to run:
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