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Gold Is Up 65% YTD, But Howard Marks Says The Case For Owning It Can Be ‘Superstition,’ Not Intrinsic Value

Gold Is Up 65% YTD, But Howard Marks Says The Case For Owning It Can Be ‘Superstition,’ Not Intrinsic Value

The Oaktree co-founder, also known for his investment memos, voiced his opposition to Bitcoin, diamonds, and gold for lacking an intrinsic value.

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