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As Investors Flee Gold Central Banks Are Buying

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Rupert Hargreaves
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It has been a tough year to be a gold investor. The price of the yellow metal has whipsawed throughout the year on the back of changing interest rate expectations and political uncertainty. Indeed, as uncertainty grew throughout the first half of 2016 the price of gold pushed steadily higher from around $1,075 an ounce at the beginning of the year to a high of just under $1,400 an ounce after the Brexit vote.

However, over the past...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha