BANK OF AMERICA: Massive investors are dumping gold, and the one thing that can rescue the precious metal is still missing

gold smelting furnace fire Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch, said the key catalysts that could reverse its decline is a dollar that falls alongside US Treasury yields. Investors are making record bets that yields will continue rising. The precious metal is down […]

BANK OF AMERICA: Massive investors are dumping gold, and the one thing that can rescue the precious metal is still missing

Fund managers are pulling billions out of gold. Mohamed Nureldin Abdallah /Reuters Gold is the worst-performing major asset class of 2018. Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch, said the key catalysts that could reverse its decline is a dollar that falls alongside US […]

BANK OF AMERICA: Massive investors are dumping gold, and the one thing that can rescue the precious metal is still missing

Fund managers are pulling billions out of gold. Mohamed Nureldin Abdallah /Reuters Gold is the worst-performing major asset class of 2018. Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch, said the key catalysts that could reverse its decline is a dollar that falls alongside US […]

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