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0 Gold Investing: A Billionaire Goes All-In on Gold

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Many fund managers and high-rollers have allocated small percentages of their portfolios to gold as a hedge against inflation. But Mr. Kaplan is the bull of bullion. He has gone further than perhaps any other major investor, betting the majority of his wealth on gold and other precious metals. And it reflects his deeply held conviction that global economic instability could bring rising demand for gold.“I’ve reached a point where I feel the only asset I have confidence in is gold,”

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