Blog

Gold could be the ‘last asset standing’ according to latest analysis. Worsening deficits, monetary inflation and the surge in Asian wealth make the backdrop for Gold Investing as bullish as ever, according to four-decade veteran of investment analysis and advice, Donald Coxe. Writing in his final Basic Points letter for clients of the BMO financial group, Coxe says that “The Fed is resuming rapid expansion of the monetary base. Japan will soon be flooding the currency markets with Yen. The ECB remains expansionary. “US fiscal deficits will [meantime] continue at rates that would have seemed unacceptable even a few years ago,” says Coxe – now… continue reading