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”.