Wealth=Wise(Investments+Strategies)

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Are you going to refute my statement, you better not !

Picture Source : here.

In the blog world, you listen to professional bloggers like Problogger, Daily Blog Tips, Steve Pavlina, , ShoeMoney, Johnchow, and the top ten listed by Mark of 45n5.com, but when it comes to gold, you better listen to John Hathaway , Senior Managing Director, Portfolio Manager, Toqueville Asset Management.

One of the best gold funds. The fund is up nearly 12% this year, versus 9% for the Standard & Poor’s 500 and 17% for the XAU, the Philadelphia Exchange’s Gold and Silver sector index.

Some of you asked me what gold mutual fund to buy ? You would not go wrong with the $1.1 billion Tocqueville Gold Fund.

Read the conversation John has to say with BARRON’s chief :

John Hathaway believed gold’s breakaway performance from other commodities signaled rough times ahead for financial assets. That proved true — and that’s the kind of insight that has led the Manhattan-based Hathaway’s $1.1 billion Tocqueville Gold Fund (ticker: TGLDX) to its own breakaway performance. The fund is up nearly 12% this year, versus 9% for the Standard & Poor’s 500 and 17% for the XAU, the Philadelphia Exchange’s Gold and Silver sector index, which has benefited from an overweight position in copper-producer Freeport-McMoRan (FCX). That follows on the heels of last year’s 39% and average annual returns the past five years of 27%, versus 14% for the S&P and 20% for the XAU.

We ain’t seen nothing yet if he’s right about gold heading higher. Hathaway spoke with us from Colorado, where he was attending the industry-sponsored Denver Gold Forum.

I love this : “We ain’t seen nothing yet.” Yes. we ain’t seen nothing yet, when all the Joe blocks on the street start telling you to buy gold, then you know it is over.

Read the rest of the extract from Barron’s article , HERE.

Do help me to stumble this post, so words of gold investment can be spread !

Tags: Investment //