Professional money managers are now hedging their risks with gold. Here’s why…
The main demand driver for gold prices lately seems to be professional money managers instead of from China as the Chinese economy is basically on lock down still.
More professional money managers who hate gold or never owned it are now realizing problems about the Chinese economy and the global supply chain and are now hedging the risks with traditional safe haven plays like: US Dollars, US Treasuries and gold.
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