Central Banks Are Facing `Loss of Faith,' Gold Veteran Says

  • Bullion gets more attention from long-term bears, Klein says
  • The metal has gained 14% in 2016 amid financial-market turmoil

Is It Time to Start Shorting Gold?

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Gold’s rally is being driven as investors start to lose faith in central bankers’ ability to deal with economic challenges, according to Evolution Mining Ltd.’s Jake Klein, who said the metal’s advance has been strong enough to draw attention from long-time bears.

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