30 years, Jean - Marie Eveillard, 69, semiretired elder statesman of the Eagle investment management, running a mutual fund that has a good success. His investment by purchasing a value and it's sitting on the games is not much turnover. None of fashion. (He used to train the bank with "C" in place of the "K" in their name, such as Banc of America).
In Pictures: Seven ways to invest in gold. Still believe that Eveillard, the current level of uncertainty in the economy so good and so much depends on the Fed to get things right, gold is a store of value investors, there should be ignored. First, there are half a dozen Eagle Fund (Eveillard, a "senior adviser" to the management company of them); All of them were between 5% and 10% of their assets in gold, except for pure gold. For someone who "shares less than 5% is irrelevant and nothing more than the 12% is more than insurance," said the native Parisian accent is obvious.
advantage gold insurance : Gold as Calamity InsuranceGold has proved recently the ability to maintain the stability of the portfolio in 2008 was the first Eagle fund down 22% and mutual funds, the first eagle of the United States decreased 23%, while Morgan Stanley. Capital International EAFE Index (in dollars), down 43% in 2009, funding increased between 22% and 24% of the stock market closely estimated growth to outpace value. Among the holdings, in addition to heavy metals in one or both of money: Berkshire Hathaway, Home Depot, Apache, and Sanofi - Aventis. Before 1971, when President Nixon removed the ability to change international gold medal, it was not important for investors to protect the U.S. dollar is the currency of his house. I said Eveillard, you need the metal to be "serious retention," states that FIAT money system is "fraying at the edges.
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