Jim Rickards on Physical Gold Fund
Alan Greenspan – Comments on Gold
“Economists are usually perfect in equivocating. In this case I didn’t equivocate. Look, remember what we’re looking at. Gold is a currency. It is still by all evidences the premier currency where no fiat currency, including the dollar, can match it.”
Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC
Ray Dalio – Comments on Gold Portfolio Allocation
“If you don’t own gold…there is no sensible reason other than you don’t know history or you don’t know the economics of it”
Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world.
He is commonly regarded as perhaps one of the top fund managers globally, with $150+ Billion assets under management for world governments, sovereign wealth funds, and some of the largest pension funds in the world.
Kyle Bass – Comments on Gold
“Central banks have moved to an unlimited printing ideology, monetary policy happens to be the only game in town… At some point in time, I would much rather own gold than paper… The global monetary base is north of $70 Trillion… there might be $1.2T – $1.3T of investable gold… I view gold as another currency, I don’t view it as a commodity.”
J. Kyle Bass is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund with an estimated $2.22 Billion in assets under management.