by Mike Maharrey, Gold Seek:

Big money managers are starting to jump on the gold bandwagon as inflation worries grow.

Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a new player is entering the market – hedge fund and other big money managers concerned about sticky price inflation.

According to a recent CNBC article, “Overweighting precious metals has become the consensus among the largest money managers.”