Mohamed El-Erian warns gold's status as a 'must-have' asset has made it develop a 'bipolar personality'

Business Insider

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· *Mohamed El-Erian has warned that gold's status as a "must-have" asset has led to its "bipolar personality", as investors buy it as a hedge against both inflation and deflation.*
· *Gold's rapid price rise "is yet another unintended result in a lengthening list of the exceptional involvement of central banks in the...

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