PUBLISHED BY OTAVIO COSTA | NOV 6, 2023
What an important chart to highlight.
Despite the recent push toward new highs, gold remains severely under-allocated.
In fact: 71% of advisors have little to no exposure to the metal (<1% of assets).
Similar to how central banks continue to aggressively accumulate the metal, conventional investment portfolios have yet to take steps to enhance the quality of their defensive assets.
Original source: @TaviCosta
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