Odey suggests government could confiscate gold if this happens

Gold confiscation has been a hot topic at various times, and amid the coronavirus crisis, some are worried that it could happen again. In his April letter, which was reviewed by ValueWalk, Crispin Odey suggests there’s a small chance the government could confiscate gold again in an extreme situation. Despite that, a sizable chunk of his fund is in gold and gold-backed assets.Q1 2020 hedge fund letters, conferences and moreOdey Asset Management was down 9.9% in April following an impressive 23.6% return in March amid the steep selloff.ConjecturesIn his April letter, Odey quoted Catherine the Gr…

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