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Eminent portfolio manager John Hathaway says investing in gold is the best antidote to the toxic combination of reckless monetary policies and mass delusion that investors suffer from.
Hathaway says the most vital reason to own gold and gold-related stocks is that yellow metal acts as a store of value in the event of monetary disorder, which are quite common these days.
“Gold is a controversial, anti-establishment investment. Therefore, do not rely on conventional financial media and brokerage house commentary. In this area, such commentary is even more misleading and ill-informed than usual,” he said in an interview to a financial website.
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