Why advisers should line their portfolios with gold
“Speaking at a Schroders breakfast briefing yesterday (January 22), Janet Mui, global economist at Cazenove Capital, said she thought investing in gold was the best way for advisers and fund managers to hedge the risks in their portfolios. She said: ‘Gold has the feature of portfolio hedging and diversification. Gold should be in your portfolio.’”
USAGOLD note: More and more, it is becoming a mainstay in the financial business that the wise investor and/or financial advisor embrace gold as a means to capital preservation in a rapidly changing and increasingly dangerous investment climate. In Cazenove’s case, it is emphasizing gold as a hedge against geopolitical turbulence.
Related, please see:
Precious metals for financial planners and advisors
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Repost from 1-24-2020