Should you have gold in your portfolio ?

Jason Zweig from the WSJ published a column titled « Gold is still a pet rock » and its a great read (and obviously JZ is not ‘a moron’ as he calls himself)… He reminds us that if gold is a good « insurance against chaos », its value fluctuates so much it’s a poor protection of purchasing power for short periods of time. Lire la suite

New Tactical Navigator Tool from Nomura Says: « De-Risk »

Nomura recently issued a new tool called « Tactical Navigator » to help investor decide how much risk they should put in/redraw from their allocation. Currently, the message is: go hide yourself. Incidently, recent moves in financial markets says the same thing. YTD (only 10 days) performance for various asset classes show: MSCI World down 0.9%, 10Y Treasuries yield -24bp to 1.95% (!), gold up 2.7% to 1,216$/ounce and € down 2.1% against US$. Lire la suite