During times of turmoil, people tend to pile into to safe haven assets. And many people’s favorite safe haven asset always has been and always will be gold, which is having a mixed year. Global demand for gold has hit a four-year low. However, thanks to turmoil in the Eurozone, gold has bounced back more than 3% this year after falling 28% the previous two years. Erin weighs in.
Then, Erin sits down with Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc tell us what he why he believes this is the year that people will lose confidence in central banks. He also gives his usual nod to buying physical gold outside of the United States. But he admits he likes the gold miners right now as a way to get exposure to the sector. After the break, Erin talks to Jim Pearce – CIO of Baton Investing. Jim explains how technology and the Internet are affecting financial services and tells us where the biggest opportunities for a mass market offering in finance are. His firm, helps younger, mobile and Internet-centric investors wade through the investment minefield without being overwhelmed by too many choices. Baton focuses on algorithmic strategies to help less sophisticated investors with bottoms-up stockpicking, while not over-diversifying in a way that lowers return. And in The Big Deal, Erin is joined by Edward Harrison and Bianca Facchinei to discuss some of this week’s viewer comments. Take a look! Check us out on Facebook — and feel free to ask us questions: Follow us @ |
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