Sunday, August 4, 2013

Roubini : The issue with GOLD is always, Do you want to be market weight, overweight or underweight?

Do you see any diversification benefits of gold in a portfolio?

Nouriel Roubini : The question always with gold has never been black and white on whether you want to have gold in your portfolio. The issue with gold is always, Do you want to be market weight, overweight or underweight? In our view, in the past, there were reasons you wanted to be overweight. But now there are these five reasons to be underweight. It is because the gold prices are more likely to fall rather than rise.
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