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Bond king Gross favors gold and real estate now
Gross Says 'I Don't Like Bonds, Most Stocks,' Favors Real Assets
By John Gittelsohn
Bloomberg News
Wednesday, August 3, 2016
Money manager Bill Gross says investors should favor gold and real estate while avoiding most stocks and bonds trading at inflated prices.
"I don't like bonds. I don't like most stocks. I don't like private equity," Gross, who runs the $1.5 billion Janus Global Unconstrained Bond Fund, wrote in his monthly investment outlook Wednesday. "Real assets such as land, gold, and tangible plant and equipment at a discount are favored asset categories." ...
... For the remainder of the report:
http://www.bloomberg.com/news/articles/2016-08-03/gross-says-i-don-t-lik...
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Goldbroker.com was launched in 2011 so that investors would avoid any counterparty risk when investing in physical gold and silver.
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