Tuesday, July 26, 2016

The Demise of the Interest Rate -
the Comeback of Gold Money
Degussa Report on how low interest rates are here to stay as central banks are unlikely to abandon their ultra-expansionary policies anytime soon .. "Extremely low interest rates drive up the demand for gold, especially from gold Exchange Traded Funds (ETFs) …and make holding gold an increasingly attractive alternative to bank de-posits such as time and savings deposits .. With cracks emerging in the global monetary architecture, staying invested in gold and stocks looks to be a sound strategy."
LINK HERE to the PDF

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