Gold: valuable reserve amid unprecedented policy environment
By GCRU Gold News on Wednesday, November 23 2016, 23:01 - Permalink
Unprecedented monetary policies (including quantitative easing and negative nominal interest rates) have had the unintended consequence of dramatically reducing the pool of investable assets available to reserve managers. As central banks search for new investments, our analysis shows that gold compares extremely favourably to other traditional reserve assets with respect to safety, liquidity and return.