Jan
12
Central-Bank Bashing Makes Gold Only Asset Safe From Meddling
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‘This year is a turning point’ for critique-free age: Baring
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Gold could benefit in high-inflation, low interest-rate world
Baring Asset Management’s Christopher Mahon has one major conviction about 2017: it will be the year in which central-bank bashing by politicians becomes the new normal, so he’s seeking shelter in gold.
“This year is the turning point,” Mahon said in an interview on Monday. “For seven years or so, central banks have largely escaped critique even though one could argue that their policies have been pretty inadequate in many senses. It’s very plausible now that politicians stand up and throw stones at central bankers.”…
Central-Bank Bashing Makes Gold Only Asset Safe From Meddling
