​Hedge Fund CIO: “After The Last Disillusioned Gold Bulls Sold Their Final Ounce, Gold Started Rallying… And Has Not Looked Back” – Tyler Durden

Hedge Fund CIO: “After The Last Disillusioned Gold Bulls Sold Their Final Ounce, Gold Started Rallying… And Has Not Looked Back” By Eric Peters, CIO of One River Asset Management “Let me start with the psychology that governed the gold market for years,” I said. It was our IC meeting and the topic of gold’s recent outperformance versus bitcoin came up. “When Bernanke unleashed QE during the GFC, a lot of very smart people rushed to hedge themselves against a massive monetary inflation. Gold was an obvious hedge, and the Baby Boomers were in their investing prime back then. They…  — Continue at ZeroHedge News : Read More