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BMG Group's Nick Barisheff: Outlook for gold in 2020

Section: Daily Dispatches

8:55p ET Saturday, January 25, 2020

Dear Friend of GATA and Gold:

Canadian gold dealer Nick Barisheff of BMG Group, addressing the Empire Club of Canada this month, detailed gold's unappreciated performance against other asset classes over the long term; noted the simultaneous bubbles in equities, bonds, and real estate; reviewed the huge volume of bonds paying negative interest rates; deplored the failure of fund managers to diversify their portfolios; and warned about the overwhelming unfunded liabilities of public and private pension funds, estimated at nearly $200 trillion.

... Dispatch continues below ...



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All this, Barisheff said, argues that investors should make a little room for gold.

Barisheff's analysis, 16 minutes long, is headlined "Outlook for Gold in 2020" and can be viewed at YouTube here:

https://www.youtube.com/watch?v=gj-K6r1O6KE&t=383s

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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