Gold is poised to go 'much higher,' says BlackRock's Koesterich – CNBC

Gold is poised to go ‘much higher,’ says BlackRock’s Koesterich
CNBC
Because gold produces no income, there would be a huge opportunity cost if investors had a lump of gold in their portfolio when real rates are high, he said. However, with real rates low and increasingly negative, the opportunity cost is much lower …

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