The gold price, as a reflection of the increasing amount of investors who are moving towards a safe haven, is at record levels. From Colombia to Russia emerging markets are increasing official holdings of the precious metal. Gold has risen by nearly 30 percent this year alone, fuelled by a sagging dollar, waning confidence in the resilience of the global economy, and purchases by central banks (particularly emerging market countries). As Duncan Cameron points out in this issue, investors from all over the world are starting to follow those with “Unshakable Belief.”

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