– Geopolitical risk highest ‘in four decades’ should push gold higher – Citi
– Elections, political and macroeconomic crises and war lead to gold investment
– Political uncertainty in Germany means ‘gold likely to remain in good demand as a safe haven’ say Commerzbank
– ‘There has rarely been such political uncertainty in Germany at any time in the country’s post-war history’ – Commerzbank
– Reduce counter party risk: own safe haven allocated and segregated gold
Editor: Mark O’Byrne
The geopolitical case for gold investment has been emboldened due to heightened and ongoing geopolitical risk, according to Citi analysts.
In every continent, there appears to be major political upset and geopolitical risk against a background of growing economic uncertaintly and turmoil. Just this week we have seen the US declare North Korea’s leader a ‘sponsor’ of terrorism, Angela Merkel seemingly lose her political dominance in Germany and the EU and the Gulf countries ramp up fear mongering regarding Iran.
This post was published at Gold Core on November 22, 2017.