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Monday, February 24, 2014
Shelly's Modeling Agencies | Inexpensive Gold
Shelly's Modeling Agencies insight is that gold isn't expensive, on a historical basis, when compared with stocks, according to research firm The Leuthold Group. Some well-heeled investors, used to making big bets on exotic assets, have built huge positions in gold. Paulson & Co., a hedge fund made famous and fabulously rich by betting that the U.S. housing market would crash, now holds more than $4 billion in the SPDR Gold ETF, on top of big stakes in gold-mining stocks.
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