Gold To Hit £1,400 An Ounce

In this week’s episode:

David Kuo is joined by gold expert Adrian Ash, who is Head of Research at Bullion Vault. Gold has outperformed most other investments recently, as people worry about the state of the global economy. But what is the outlook for the yellow metal and how much gold should you have in your portfolio? A transcript of this podcast is also available.

David Kuo and Adrian Ash
David Kuo and Adrian Ash

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Comments

The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.

bimber 18 Jun 2009 , 3:40pm

Motley Fool taking gold seriously! I wonder what brought this on.

I've been using Bullionvault for about 18 months and have had good service so far. Apparently they're planning to offer silver in September or so as well.

TMFDragon 19 Jun 2009 , 8:31am

Hi bimber,

The Motley Fool takes investing, whatever the investment, seriously!

We aren't afraid to investigate any topic, and we are also not afraid to express an opinion. Our views may not always be popular but that's what investing is all about.

You say Quantitative Easing, I say printing money; you say tomato, I say lycopersicon esculentum.

Regards

David

TMFVertigo 19 Jun 2009 , 3:41pm

I'm surprised you can spell 'lycopersicon esculentum', David ;)

I look forward to listening to this episode once I've mentally prepared myself for your inevitable end-of-poddie quote ;)

Keep well!

Neil

Staintunerider 25 Jun 2009 , 3:45am

Well he comes across as sensible fellow but he is hardly impartial. As he himself admits gold is benefitting from fear in the world markets. When this recedes Gold, no pun intended could pan......

Gold's next downturn could last for decades. The possibility of further inflation of what i see as a Gold bubble...It's property but the private individual has to rely on somewhere else to store it and not do a Maddoff...

Personally I'd rather buy a house and live in it...

TMFDragon 25 Jun 2009 , 9:12am

Hi Staintunerider,

Adrian works for Bullion Vault, so I wouldn't expect him to be impartial about gold.

He will argue as passionately for gold as a wine investor will contend that we should put away a case of grape juice, and a stamp collector will say philately will lick other investments.

In my view spreading investments over a number of asset classes makes good sense. If you haven't already listened to our podcast on asset allocation, Antony Williams from Evolve is very good too.
http://www.fool.co.uk/money-talk/top-tips-on-asset-allocation-3256.aspx

David

TMFDragon 25 Jun 2009 , 9:23am

Hi Neil,

I can not only spell 'lycopersicon esculentum' but I can turn a bag of them into a pretty mean-tasting ragu too.

Bon Appetito!

David

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About the show

Money Talk is a podcast from The Motley Fool (UK). Hosted by David Kuo, it’s a lively roundtable discussion where Fool writers and guests from the world of money thrash out the financial issues of the day.

Join us as we take an irreverent look at anything and everything to do with shares – from how to pick your first share to how to manage your own pension to what mini skirts have to do with Britain's economy (a lot, according to David).

From quick tips on how to tidy up a wayward portfolio to in depth discussions with industry experts, Money Talk tackles a different topic every week.

About the presenter

David Kuo is The Motley Fool’s media personality. He can be heard on BBC London’s (97.4FM) Breakfast Show where he arouses listeners every weekday morning with his unique brand of financial news. He is also a regular commentator on national news programmes including CNBC, BBC News, and Sky News.

David stumbled into the world of broadcasting at the turn of the Millennium when he was invited to comment on the stock market crash. He says, “I think I stunned Londoners speechless when I said the good thing about the crash is that shares are now more affordable for people who want to invest in the stock market!”

His attitude to investing has never wavered, as he always sees downturns in the market as a buying opportunity for long-term investors.