16.09.2011 - Why value investors are still buying gold
Gold bullion is a valuable portfolio hedge, according to Charles de Vaulx, value investor and manager of the top-performing First Eagle Global Fund. His fund has placed over 7% of its assets in gold bullion, according to an interview with Fortune. Gold recently hit a nominal high of $1,900 per ounce, and it's expected to continue rising. While whispers of a "gold bubble" should not be ignored, bubbles can last a long time, and more value may still be priced in before it deflates..............................................Full Article: Source
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