Castlestone dismisses gold bubble fears

The group's CEO also dismisses concerns of a bubble in the asset class as it is still not widely held in many investor portfolios. Murray, manager of the Aliquot Gold Bullion fund, says gold outperformed equities by just over 14% per annum during the past decade and believes it will be a similar scenario over the next 10 years. "We predicted gold would outperform because, similar to now, there was a devaluation of money and people wanted a safe haven," he says. "From December 31 2009 through to 2019 we predict gold will still be one of the best performing asset classes, however, no...