Tue, Oct 6, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Maag: Gold still a safe bet for investors in 2012

Friday, December 30, 2011

Andreas Maag
Bailey McCann, Opalesque New York

Andreas Maag is the Executive Director EMEA & APAC, and Head of Precious Metals Sales at UBS Investment Bank. He has significant experience in gold and other precious metals strategies. Gold is the subject of controversy now as some big name investors are cutting their positions as worries of a bubble grow. However, others - like Maag - see the volatility in gold prices as merely market corrections that carry upside potential.

Mr. Maag was recently interviewed by Sona Blessing for Opalesque Radio.

Gold is on the verge of completing its 11th consecutive annual gain. But some investors are making major moves to shift out of the asset, Blomberg reported this week. George Soros, John Paulson, and Eric Mindich have all sold bullion this year. While some have speculated as much as a 37% price increase through 2012.

According to Maag, gold still represents a safe haven for investors despite price corrections and some correlation to the equity markets. "People have had to make their margin calls, and to do that some are selling gold, so you've seen the price go down. But the question is, should investors get out of gold completely and take profits or keep it as insurance."

Beyond margin calls, Maag explains, a stronger do......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  2. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  3. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  4. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  5. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Reuters.com: Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'