Loading ...A little worrisome that these guys don’t feel the need to hold physical metal with the exception of Einhorn.
Would have thought Dalio was a holder of phyzz since he’s supposedly such a good friend of Bill – apparently not.
“If and when the paper gold market implodes and the price of real physical gold diverges from the paper price of gold, the world’s billionaire investors will need to line up their ducks and explain to their partners and shareholders if they actually hold tangible physical gold bars, and if not why not.”
My take from reading the article is that all these guys have 100% faith in the fiat system and that gold is nothing more than a trade for them.
Thank you.