Why This Billionaire Just Bought Gold for the First Time in His Life
By GCRU Gold News on Thursday, January 24 2019, 23:58 - Permalink
Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, “it is a good hedge.” In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT) admitted to seeing an opportunity in gold’s increasing supply shortage.