CNBC Interview with Hedge Fund Star Kyle Bass
His comments in this interview include:
- Believes central banks will continue to monetize fiscal deficits which means that gold is likely to be attractive going forward.
- Doesn’t think a slowdown in India and China will impact gold prices.
- Prefers taking physical delivery of gold if you are going to hold it as a long-term investment because the rolling of gold futures costs more than the storage and insurance on gold.
- Bass doesn’t believe in going back to the gold standard.