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Friday, February 26, 2016

Deutsche Bank: It’s Time to Buy Gold

Deutsche Bank analysts have put out a note advising that now is the time to buy gold. They write in part:

Buying some gold as 'insurance"is warranted...We would...argue that given the plethora of negative deposit rates globally, the holding cost of gold is now negligible in many jurisdictions, and therefore gold deserves to be trading at elevated levels versus many other assets.

http://www.cnbc.com/2016/02/26/deutsche-bank-its-time-to-buy-gold.html

No panic

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