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New City's Crayfourd: why gold is so important

Rob Crayfourd, manager of the City Natural Resources High Yield trust, explains why allocation to gold has become so important.

Speaking shortly after article 50 was triggered, Crayfourd also talks about the potential impact US president Donald Trump could have on renewable energy.

The £131.1 milion trust has returned 40.8% over one year, versus the peer group's 55% average and it is currently trading on a 16.1% discount to net asset value.

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