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Jun 1, 2020
Canadians Well Positioned To Bet On Gold Weakening Loonie Strengthens Price
This is the first time a pandemic has rocked the global economy, which means investments that had outperformed the market before Covid-19 may be laggards over the next few months, while pre-Covid laggards may turn into outperformers. Gold, which has been a miserable investment over the long term, has come alive as investors fear government efforts to revive their economies will trigger inflation.
For centuries, gold has been regarded as a hedge against inflation since it can’t be...