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GGN - Gold In The Wake Of The June Fed Meeting - Boom
GAMCO Global Gold Natural Resources & Income Trust
Gold is a currency and a commodity that is unlike all other assets as it is a hybrid. As a raw material, jewelry, and a myriad of industrial applications require gold. As a currency or financial asset, central banks around the world hold the yellow metal as an integral part of their foreign exchange reserves. Over the past years, governments have been net buyers of the precious metal with China and Russia leading the way. Both nations are significant gold producers and have vacuumed in their domestic output to build reserves. Moreover, China and Russia