Bloomberg columnist surprised to discover that gold is really a good hedge


9:13a ET Tuesday, October 10, 2017

Dear Friend of GATA and Gold:

A Bloomberg News columnist, Cameron Crise, set out this week to contradict traditional assertions that gold is a good hedge against market turmoil but concluded, to his surprise, that gold indeed performs such a function well. Now if only Bloomberg News would put half as much effort into investigating surreptitious intervention in the gold market by governments and central banks to prevent the monetary metal from becoming the hedge it otherwise would be.

Crise's analysis is headlined "Is Gold Really a Good Hedge?" and it's posted at Bloomberg here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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