"In short, it is increasingly attractive as the only truly hard currency," says head of investmentsGold
may be sharply below its peak value last year, but a fear that policymakers will allow "a surge in inflation" in the long term is leading Rothschild Wealth Management to like the prospects for gold
, and hold it in client portfolios. ...
price will remain volatile, in RWM's view, but "the long-term outlook is bright and the investment case for gold
"In short, it is increasingly attractive as the only truly hard currency. Gold
will continue to be the main beneficiary of central banks' extremely loose monetary policies," says Dirk Wiedmann, head of investments at Rothschild Wealth Management.Read Article