Relevant:
- Meet the rational gold investor, a rare bird
- BofA: It's Time to Hold More Cash and Buy Gold
- Fed Proposes Big Banks Hold More Cash, Assets
- Trustee to Seize and Liquidate Even the Stored Gold and Silver Bullion From MF Clients
- Citi: "No Gold Company... Will Generate Free Cash Flow At Current Gold Prices"
2012-03-25 — forbes.com
``While it may sound crazy to think of these firms as wanting to hold one-fifth of their current assets in gold, history suggests the day is coming when fiduciaries will be grilled as to why they didn't hold more than 20 percent of their cash in gold given that global debasement "was so obvious."''
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