Financial Times/George Steer/2-15-2022
“Investors are building their cash stockpiles in a sign that many money managers are bracing themselves for turbulence across global markets.”
USAGOLD note: Not everyone, apparently, thinks cash is trash …… Goldman, according to FT, is advising its clients go overweight in cash and underweight in corporate bonds. The Wall Street bank also came out recently with a client advisory saying gold would go to $2150 over the next 12 months.
