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Hedging Sovereign Debt Default with Gold

Egon von Greyerz, managing partner at Matterhorn Asset Management, argues that when an investor wants to buy gold, that decision should not be influenced by gold’s price. Rather, it should be influenced by the metal’s fundamental attributes. Because of the risk presented by historical levels of debt globally, von Greyerz argues that gold is the ultimate portfolio hedge. This clip is excerpted from a video published on Real Vision on January 20, 2017 entitled “Gold in Uncertain Times.”