Bill Gross Gold a Better Investment Than Bonds, Stocks

Gold IRAs

Bill Gross managing director at Pimco talks with Bloomberg's Stephanie Ruhle Alix Steel and Adam Johnson about the outlook for gold prices. "Gold is a fixed commodity and a store of value...when Central Banks start writing checks and printing money in the trillions of dollars, it is best to have something tangible that can't be reproduced," said Gross. Gross said gold is going higher and will provide a better return than stocks or bonds in the 3-4% range.

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