(Bloomberg) — For unabashed gold bulls, there are trillions of dollars in the bond market just ready to snap the metal up in a world short on hedges but big on risk.Spurred on by real yields at record lows and monetary dangers ahead, asset allocators are primed to start ditching some of their government debt holdings, the theory goes. Given the size of the fixed-income universe, it wouldn’t take much to power the gold price to fresh and dizzying highs.Managers like Plurimi Wealth LLP’s Chief Investment Officer Patrick Armstrong are a case in point. Armstrong has cut back on bonds …read more
Source:: Yahoo Finance
