The Phaserl


Axel Merk-Easiest Diversifier Is Gold

from Greg Hunter:

Money manager Axel Merk contends the “easiest diversifier is gold.” Merk explains, “I do very much have gold. I have it in physical form and exchange traded form and other means of investing in gold. Yes, I say it’s the easiest diversifier. It’s not always the best diversifier. Again, I do like it. The reason why I say easy rather than best is if you do it for portfolio allocation, what you want is something that has a positive return and has a low correlation to what you have. In the long run, gold has proven that. . .

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