Loading ...the markets closed for the weekend there is time to get caught up on some PM-related investment research. One thing that impressed me in the research that Ronan Manly summarizes in the link below is that it is important to read beyond the headlines. For example, Manly re-examines a recent Sprott-generated infographic which gave the impression that it may be wise to invest in gold because important billionaires are doing so. Manly points out that the billionaire “investment in gold” actually involves significant investment in PM futures or ETFs, but not a great deal of direct holding of physical precious metals.
Read the details, not just the headlines. Have a good weekend, all readers of Goldtentoasis.
https://www.bullionstar.com/blogs/ronan-manly/worlds-billionaire-investors-actually-buying-gold/