Billionaire Sam Zell buys gold for first time in bet on tight supply
January 25, 2019

From Bloomberg:

Gold's dimming supply prospects have caught the eye of one billionaire.

"For the first time in my life, I bought gold because it is a good hedge," Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. "Supply is shrinking and that is going to have a positive impact on the price."

Continue reading at Bloomberg...

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