Société Générale favours long gold this year
March 4, 2023
Soc Gen likes long gold this year, sayng that while gold can offer protection against systemic risk, and also in its favour:
- SG see a continuing rebalancing away from the US dollar, Gold, they say provides “powerful protection” against a falling USD.
Elsewhere:
- “We see fixed income (both sovereign and credit) doing better than equities.”
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