SINGAPORE /UAE(Oct 26): Mohamed El-Erian, boss financial counsel (CEA) at Allianz, thinks there are numerous more results of ultra-low loan fees that have yet to play out for speculators, and that gold is progressively part of the answer for relieving such dangers.
This is particularly so as somewhere in the range of 30% of worldwide government obligation is exchanging at negative yields contrasted with the past when a delayed time of low and negative ostensible loan fees were "once thought improbable if not unbelievable", says the previous CEO of PIMCO.
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