World Money Show Report: Gurus Buying Gold plus…

Precious Metals

Matt Schiffrin from Forbes reports from the Forbes Newsletter Editors Roundtable: Best Investment Ideas for 2011 panel this morning in Fla.

Matt Schiffrin from Forbes reports from the Forbes Newsletter Editors Roundtable: Best Investment Ideas for 2011 panel this morning in Fla.

The market news is quoted as saying:

I asked the entire panel about their view on gold. Not surprisingly inflation predictors Richard and Marilyn both expected gold to go up. They say it is a buy. Richard pointed out one gold mutual fund he likes, Gabelli Global Gold Natural Resources and Income Trust (GGN) in part because it has a very healthy dividend yield, 8%.

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