Deutsche Bank’s Top Credit Strategist: ‘I Am A Gold Bug. Fiat Money Is A Passing Fad In The History Of Money’

Deutsche Bank’s Top Credit Strategist: ‘I Am A Gold Bug. Fiat Money Is A Passing Fad In The History Of Money’
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Click the original article link here >>> Deutsche Bank’s Top Credit Strategist: ‘I Am A Gold Bug. Fiat Money Is A Passing Fad In The History Of Money’

Deutsche Bank’s top credit strategist Jim Reid describes himself as ‘a gold bug,’ says fiat money is a passing fad — unusual for a renowned banker. Money vector created by vectorpouch, http://www.freepik.com https://www.freepik.com/free-photos-vectors/money Gold is having a good week with prices continuing to push higher while the U.S. dollar is pushed downward, stoking demand for anti-fiat alternatives. Optimism about a global economic recovery has been overtaken by renewed fears over record-breaking new U.S. coronavirus cases. Top Deutsche Bank strategist Jim Reid recently described himself as a “gold bug,” Goldseiten.de reported. Gold has seen extraordinary increases so far this year […]

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