WHAT OTHERS ARE THINKING

“The reason gold is the single biggest asset in my portfolio is because I believe it’s going a lot higher… it’s going to have a parabolic spike, caused by some event or some loss of confidence… that will cause gold to go through the roof, and then everybody will want to own it…I don’t think we’re even close to that yet…gold will probably have a much greater run than some of the other hard assets because it’s also a currency.”

Billionaire Canadian businessman Frank Giustra moved heavily into gold in 2002 when it was trading under $US300. A decade later he explains why he’s still a “gold bug”.

Full story: ceo.ca