-
Deglobalization sparks race for strategic resources, driving gold and copper outlook - Sohn Montreal
A shift in the global economic order is triggering a worldwide race for physical resources, creating the conditions for a sustained commodity bull market and reinforcing gold's role as a critical reserve asset, according to two leaders in global financial markets. Speaking at the Sohn Montreal Conference, Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour and Gavekal CEO Louis-Vincent Gave largely agreed that the world is moving away from decades of globalization toward a new era defined by geopolitical competition, strategic resource hoarding, and structurally higher inflation. The transition, ... (full story)