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Posthaste: Gold could be the 'last safe haven standing' in a world awash with debt

financialpost
Summary
Nutrition label

71% Informative

Fear that fiscal policies in the United States and beyond may not be sustainable, argues a BofA Global Research report.

The think tank, the Committee for a Responsible Federal Budget , predicts the U.S. national debt will hit a record high three years from now .

Central banks have already been on a buying spree, with the share of gold in currency reserves rising to 10 per cent from 3 per cent a decade ago .

Financial Post offers hard earned truth #1 : Investment fees are the enemy of returns.

Mortgage strategist Robert McLister ’s Financial Post column can help navigate the complex sector.

Visit the Financial Post's YouTube channel for interviews with Canada 's leading experts in business, economics, housing, energy sector and more.

VR Score

76

Informative language

75

Neutral language

60

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

15

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