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Gold analysts like to describe gold as being like a Zero Coupon Bond. But the analogy seems a weak one to me. A zero coupon bond means an investor will receive a known par value at a known date in the future, so that if they hold it all the way to maturity the investor will know […]

https://preciousmetalsresearch.wordpress.com/2016/05/16/gold-is-not-like-a-zero-coupon-bond/

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