Buy Physical Gold ‘At Any Level’ Says Mobius As It Will Go ‘Up, Up and Up’

• “Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up”
• Respected investor Mark Mobius gave a blanket endorsement for investors to buy physical gold
• Mobius recommended a 10% allocation to gold bullion and warned against gold ETFS which are “susceptible to government takeover”
• Accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy even more and print currency “like crazy”
• The rise of crypto or “psycho” currencies serves only to reinforce demand for genuinely hard assets and real currency gold
  
  
  News and Commentary
  
  Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease
  
  Gold ends higher, recoups some recent losses as bond yields slide
  
  Safe havens rise as recession concerns trigger easing bets
  
  Another JPMorgan trader confesses to metals market manipulation, implicates superiors
  
  Trump renews call for Russia to join G-7 group
  
  Wall Street rally ends as financial shares slide
  
  Germany to auction a zero-percent 30-year bond for the first time
  
  Silver has biggest upside potential in 30 years
  

Why gold’s ‘strong undercurrent’ has some analysts eyeing $2,000

Gold Prices (LBMA – USD, GBP & EUR – AM/ PM Fix)

20-Aug-19 1502.65 1504.55 1242.69 1239.60 & 1356.44 1357.86
19-Aug-19 1499.35 1496.60, 1236.66 1235.29 & 1350.76 1348.89
16-Aug-19 1509.05 1515.25, 1242.55 1246.14 & 1361.46 1367.82
15-Aug-19 1517.65 1515.65, 1254.49 1250.26 & 1361.48 1363.78
14-Aug-19 1500.35 1513.25, 1241.69 1253.73 & 1341.61 1356.17
13-Aug-19 1527.20 1498.40, 1265.90 1240.38 & 1363.48 1338.67
12-Aug-19 1501.95 1504.70, 1244.82 1243.63 & 1343.64 1341.74
09-Aug-19 1503.50 1497.70, 1242.19 1240.99 & 1342.02 1338.05
08-Aug-19 1497.40 1495.75, 1230.26 1234.14 & 1335.08 1335.70
07-Aug-19 1487.65 1506.05, 1225.82 1239.33 & 1330.11 1341.44
06-Aug-19 1461.85 1465.25, 1199.59 1201.21 & 1304.85 1311.11
05-Aug-19 1457.45 1465.25, 1199.92 1203.85 & 1307.92 1310.23
02-Aug-19 1436.05 1441.75, 1184.17 1187.28 & 1294.02 1298.44

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