Seeking consistent positive returns.
Come rain or shine.
John Wong, co-manager of the LF Ruffer Gold Fund, and Jenny Renton, Investment Director and co-manager of the Charity Assets Trust, assess the case for gold and share their thoughts on its role in investors’ portfolios.
With interest rates close to zero and volatility on the up, investors have sought refuge in safe haven assets. Gold today commands a price as high it has ever been.
Gold mining stocks have surged with a rising bullion, but there is still value to be found in pockets of the market – if you know where to look.
The precious metal will be a key player in the new market regime – a regime characterised by higher volatility and higher inflation. “But gold can be a fickle friend and so it’s a position to keep a close eye on.”
The Bitcoin Standard: The Decentralized Alternative to Central Banking, Saifedean Ammous
The Ascent of Money: A Financial History of the World, Niall Ferguson
World Gold Council
Royal Mint’s history of gold
Warren Buffet hates gold
*John worked at Ruffer until August 2023
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