Notes

A Biased View of Gold Investment Management Ltd


1 Source: Morgan Stanley Wealth Management Global Investment Office Market Research & Strategy Team, https://mssbcie.ms.com/chartbook/gic/#/view/client/slide/656/6348 2 CNBC “ Amount of Global Debt with Negative Yields Balloons to $15 Trillion ,” CNBC.com, Aug. 7, 2019.
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