Q: Hello Peter,
Can you please explain the various reasons for gold to move higher? One of the reasons i have been reading is deflation. If that is true, it appears that Prem Watsa at Fairfax is betting on deflation. His portfolio supposedly will do well if he is correct. If gold is going up due to deflation, why is Mr Watsa not buying gold? I would appreciate your thoughts. Thanks very much.
Can you please explain the various reasons for gold to move higher? One of the reasons i have been reading is deflation. If that is true, it appears that Prem Watsa at Fairfax is betting on deflation. His portfolio supposedly will do well if he is correct. If gold is going up due to deflation, why is Mr Watsa not buying gold? I would appreciate your thoughts. Thanks very much.