Chinese investors are piling into gold

Eric Balchunas – X, Released on 4/8/24 More wild stuff in China as local investors pile into a gold stock ETF pushing its premium to 30% and forcing it to halt trading. Investors there are so desperate to buy things that are not linked to their own economy/stock mkt, which has been in the gutter. […]

Foreign Central Banks Are Transitioning Towards Gold

Tavi Costa – X, Released on 4/5/24 Without a doubt, the most important development unfolding as I type this: Central banks transitioning towards gold. pic.twitter.com/9c9bXnVhBM — Otavio (Tavi) Costa (@TaviCosta) April 5, 2024 Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat’s […]