Legg Mason is a major player in investment circles. Their words carry wisdom. Their macro investment managers have been identifying opportunities in the markets. Looks like they identified physical gold too - like many others! Here is what their investment director Ajay Dayal just said in an interview with MoneyManagement.com:
We believe gold is in a long-term bull cycle given the current and expected global dynamics and the price will remain strong for quite a while. For this reason we think it's a good safe haven asset against the prospect of devaluing paper currencies, said Dayal.
It's not just the US dollar that is better known as helicopter money. So many other fiat currencies are depreciating against gold coins. Call Lear Capital today!