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Asset to own if things go bad

Published by Kirke Sööt in category News on 21.10.2015
Gold price (XAU-NOK)
24588,10 NOK/oz
  
- 173,10 NOK
Silver price (XAG-NOK)
314,41 NOK/oz
  
+ 1,38 NOK

We in Tavex believe that gold and silver coins are a good way to diversify a portfolio.  So does Paul Singer who manages Elliot Management a fund of 27bln USD.  Central Banks of the world have kept interest rates at very low levels thus creating a very unstable environment.  Gold has for thousands of years helped protecting wealth in all sorts of disasters.  As Mr. Singer puts it „I like gold. I believe it’s under-owned. It should be part of every investment portfolio.“

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Gold price (XAU-NOK)
24588,10 NOK/oz
  
- 173,10 NOK
Silver price (XAG-NOK)
314,41 NOK/oz
  
+ 1,38 NOK

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