Cuggino on Safe Havens (but mostly Gold)
Posted: Mon Oct 14, 2013 9:48 am
http://finance.yahoo.com/blogs/breakout ... 26638.htmlIn fact, of all the so-called safe havens, this San Francisco-based money manager sees the most value in gold right now, as it is slumping to levels not seen since July.
"People say (gold) is no longer relevant, there's no inflation, there's no need for it," he states. "But I would argue the other way. I think that this environment is tailor-made for a long term investment in gold."