Billionaire Singer Lauds Gold as Central Banks Aid Recovery

Updated on
  • Surprised gold `can't catch a bid' amid central bank policy
  • Says gold is the `only real money,' and is `under-owned'

Paul Singer, billionaire and chief executive officer of Elliott Management Corp.

Photographer: Chris Ratcliffe/Bloomberg

As central bankers prop up bond and stock markets with near-zero interest rates and bond purchases, gold is being overlooked, according to Elliott Management’s Paul Singer.

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