#GoldInvestment #ReserveAsset #EconomicOutlook
www.businessinsider.com
Investing legend David Einhorn says gold is replacing US Treasurys as a reserve asset
Billionaire David Einhorn thinks gold is well on its way to becoming the world's ultimate reserve asset.
The Green Light Capital founder said he believed the metal had already begun to replace US Treasurys as the top reserve asset among the world's central banks, attesting to its safe-haven status and shakier confidence in the US macro and fiscal outlook.
#GoldInvestment #EconomicTrends #CentralBankPolicy
www.forbes.com
GOLD AT $5,000! So What Happens Next?
Forbes contributors publish independent expert analyses and insights.
Gold is on a historic run. After hitting more than 50 new all-time highs last year, the yellow metal has surged to a new all-time high above $5,000 an ounce, a once-unthinkable amount.