Gold is still heavily under-owned

Brenton Saunders, Director at Taurus Funds Management, says that Gold is not in any kind of bubble that Gold Bull run just started says Brenton Saunders because it is hopelessly under-owned , the biggest fund managers in the world , trust funds and central banks are trying to diversify away from what is hopelessly over owned US Treasuries and Forex and the reality is that the alternatives are quite limited , the obvious alternatives are things like the Euro the Yen the Pound and their respective fixed interest the reality is that these markets are not in great shape either ...the reality is that Gold is heavily under-owned in the institutional environment we know it is under owned in central banks environment





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)