Speculators and safe-haven investors have ploughed hundreds of millions of pounds in to gold since the financial crisis began. LINK...
Showing posts with label Gold Safe Haven. Show all posts
Showing posts with label Gold Safe Haven. Show all posts
Saturday, March 16, 2013
Tuesday, March 12, 2013
Kyle Bass Says Buy Gold And Go To Sleep For 10 Years
From one of the top money managers in the world, Kyle Bass. When asked; what should retail investors do in this looming financial crisis, he says buy gold and go to sleep for ten years. Kyle mentions gold in the last 5 minutes of the presentation. BK
Watch Video HERE
Watch Video HERE
Labels:
Bank of Japan,
Bond Crisis,
Gold Safe Haven,
Japan Crisis,
Japan Inflation,
YEN
Saturday, October 20, 2012
Bill Gross Says Gold Will Thrive
Bill Gross says only gold and real assets will thrive in fiscal ‘ring of fire’ October 2, 2012, 10:58 AM
The latest round of quantitative easing made gold “even more attractive” and owning the metal should be considered as part of a diversified portfolio, analysts at bond giant Pacific Investment Management Co. said in a white paper posted Tuesday on company’s website.
Pimco founder and co-chief investment officer Bill Gross, in his separate monthly investment outlook also posted Tuesday, said only gold and real assets would thrive in a “ring of fire” of U.S. fiscal problems.
Gold GG GCZ2 -0.15% elicits black and white responses, the Pimco analysts said. Some investors “have a deep, almost religious conviction that gold is a useless, barbaric relic with no yield,” while others “love it” and see it as “the only asset that can offer protection from the coming financial catastrophe” always just around the corner, they said. LINK...******************************
Gold is entering the mainstream investment arena. This should crush any idea of gold being in a "bubble." Also, could this signal a new gold backing coming soon? BK
Subscribe to:
Posts (Atom)