World’s largest hedge fund sees gold price rising 30 per cent
By GCRU Gold News on Wednesday, January 15 2020, 20:56 - Permalink
The co-chief investment officer of the world’s biggest hedge fund has said gold could surge to a record high above $2,000 an ounce as global political uncertainties increase.
Jensen also told the paper he believed the US Federal Reserve would let inflation run hot for a while, creating the circumstances for higher gold prices as investors turn to the precious metal to hedge inflationary forces.