The worldwide head of investment research at the World Gold Council (WGC) had completed his presentation "The Strategic Case for Gold as an Asset Group" at the 2012 Bloomberg Precious Metals Seminar in New York.
As an outcome of the market fall in 2008 along with the ongoing euro-area crisis, investors worldwide had safety and security on their minds, and many in the room were speculating whether gold would provide capital preservation and improve the entire risk-return tradeoff of their portfolios. At precisely the same time, the sustained run-up in the cost of gold since 2001 that was mentioned in the demo was a cause for worry. Was gold the safe haven that it had proved to be in 2008-2009, or was it an asset category at the pinnacle of a bubble? The investment case for gold deserved closer assessment.
PUBLICATION DATE: August 29, 2012 PRODUCT #: UV6524-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING