Jul 29, 2015

Portfolio manager George Zivic: "not a single motivating reason to own gold" (2015)

The Fed's decision to restock the rate toolkit has got the gold market very nervous.  We have already seen that gold did not perform as a safe-haven investment. There is not a single motivating reason to own gold.

~ George Zivic, a New York-based portfolio manager at OppenheimerFunds Inc., which oversees $235 billion, BloombergBusiness, July 20, 2015

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