Where previously gold was a quirky ‘alternative’ asset class, potential flow is approaching the sector from all quarters. Global bond and cash holders are looking at gold as a way of diversifying and protecting purchasing power. In this sense, the scope for pension funds to participate lurks like an elephant in the room. Meanwhile, global equity investors are surveying an … [Read more...] about Golden Years
Even as it reaches new highs, we don’t think it’s time to grow concerned about the price of gold, or gold equities. Here’s why. The gold price has been rising steadily and on Monday (27 July) hit an all-time high of $1,944/oz, beating its previous record high of $1,922 from 2011. Chart 1: The gold price since 1970 ($/oz) Source: Bloomberg, Schroders, July … [Read more...] about Gold hits record high – is it overvalued?
The phrase above dates back from John Maynard Keynes’ from his book, “A Tract on Monetary Reform” written in 1923. Since then, debate has turned on whether Gold is a store of value or just another commodity. Until recently however, the debate looked settled; the price has spent nearly a decade going down from a high above $2000 to around $1100 in December 2015 . Still, the … [Read more...] about Gold: a barbarous relic?
While gold has traditionally been seen as a tactical way to help preserve wealth during market corrections, times of geopolitical stress or persistent dollar weakness, we think there is a case to be made for gold as a core diversifying asset with a long-term strategic role in multi-asset portfolios. The expanding universe of investable asset classes and the relative ease of … [Read more...] about The case for Gold in a diversified investment portfolio
Cyber wars are a bigger threat to humanity than nuclear weapons, the world’s most famous investor Warren Buffett, warned in May 2017. “I do think that’s the number one problem with mankind,” Warren Buffett warned during Berkshire Hathaway’s annual shareholder meeting on May 6th. “I’m very pessimistic on weapons of mass destruction generally although I don’t think that … [Read more...] about Cyber Risks A Threat To Investors and Financial Markets