Grantham does mention Gold around 9:30 into the interview, but only to say that Gold hasn't gone up more than the other metal commodities. Indeed, lead has outperformed both Gold and Copper from my gut knowledge of prices.
Since he is so "anti-bubble", maybe he doesn't want to promote Gold so much, and he is probably buying on a regular basis as he sells off equities and bonds.
Did you notice the one asset class he failed to mention?!
ReplyDeleteGrantham does mention Gold around 9:30 into the interview, but only to say that Gold hasn't gone up more than the other metal commodities. Indeed, lead has outperformed both Gold and Copper from my gut knowledge of prices.
ReplyDeleteSince he is so "anti-bubble", maybe he doesn't want to promote Gold so much, and he is probably buying on a regular basis as he sells off equities and bonds.