“Buy Gold” As “Insurance Is Warranted” – Deutsche Bank

GoldCore
GoldSeek.com
Friday, 26 February 2016

Buy gold as “insurance is warranted” Deutsche Bank have advised in a note issued today.

The embattled German bank has said that rising economic risks and market turmoil mean investors should buy gold for insurance.

Market Performance – 2016 YTD via Finviz.com

“There are rising stresses in the global financial system; in particular the rising risk of a U.S. corporate default cycle and the risk of a sharp one-off renminbi devaluation due to the sharp increase in China’s capital outflows,” Deutsche Bank added.”Buying some gold as ‘insurance’ is warranted,” as reported by CNBC.

The Rest…HERE

This entry was posted on Friday, February 26th, 2016 at 1:11 pm and is filed under Economics, Survival. You can follow any responses to this entry through the RSS 2.0 feed.