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2020-

2020-05-22 c
Governments vs. Gold

Crispin Odey warns governments may outlaw private gold ownership

Notoriously bearish Odey, who runs hedge fund Odey Asset Management, made the prediction in an April letter to investors

Prominent hedge fund manager Crispin Odey has voiced fears that governments will make it illegal for individuals to own gold.

Odey, who runs Odey Asset Management, has been recently building up positions in gold and is a longstanding sceptic of central bank monetary policies. He has told investors he can see a scenario in which governments ban private gold ownership to try to contain rising inflation. (read more)

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