The Complacency Bubble
By GCRU Gold News on Saturday, August 24 2019, 01:19 - Permalink
I don’t know if you saw it, but the other day on Zerohedge there was an article that referred to a research piece by J.P. Morgan Private Bank expressing concerns over the reserve status of the U.S. dollar. And it shows that J.P.’s private bank clients hold virtually zero gold, but the bank is now suggesting that they hold up to 5%. If institutional investors move into gold on that scale, it would be momentous.