Billionaire Singer Lauds Gold as Central Banks Aid Recovery
By GCRU Gold News on Thursday, October 15 2015, 02:18 - Permalink
“In a world where the value of paper money is affirmatively aimed at being degraded by central bank policy, it’s kind of surprising to me that gold can’t catch a bid,” the billionaire and member of Bloomberg Markets 50 Most Influential said at the SOHN Investment Conference in Tel Aviv on Wednesday. “I like gold. I believe it’s under-owned. It should be a part of every investment portfolio, maybe five to ten percent.”