On Monday, ace investor Mark Mobius gave a blanket endorsement to gold. He believes that the yellow metal should be bought ‘at any level’ for long-term gains. His endorsement comes at a time when central banks across the world are loosening monetary policy and the rise of crypto currencies only strengthens the need to be in hard assets.
With the commentary on the economy and stock markets becoming increasingly gloomy due to domestic and global headwinds, Mobius’ endorsement comes at the right time. The shift towards gold is already happening. And interestingly, even silver has been going up. Both these