Published: 2019.01.23. Billionaire from the United States first bought gold

Billionaire from the United States first bought gold - Preview

Billionaires are worried about keeping their capital like no other. To this end, they are following, among other things, the situation on the world gold market in order to use the best chance to buy a yellow precious metal.

As it became known recently, American billionaire Sam Zell first bought gold for his investment portfolio.

Usually, when smart money comes to the gold market, the prices of precious metals, as a rule, begin to grow. Either investors enter the market when prices have already begun to rise, and they simply follow the general trend. The appearance of billionaires in the gold market may also give it some impetus for further development. This can be felt especially strongly in small markets with small capitalization, which is precisely the gold market.