Michael O’Higgins: Gold and the Dow to Eventually Trade at One-to-One Ratio; Best Guess−$6,000 Gold
Stay Diversified−There are too many cross-currents coming from Government
Jim welcomes Michael O'Higgins, author of the best-selling book Beating The Dow, and founder of O'Higgins Asset Management. Michael sees gold eventually reaching a 1-to-1 ratio with the Dow Jones Index. He is currently 40% invested in stocks, mostly in Europe and Russia. He still owns some bonds, prefers platinum over gold and stresses diversification in this very unpredictable market.
Considered one of the top money managers in the United States since 1978, Mr. O'Higgins has been the subject of articles in Time Magazine, Barron’s, Forbes, Business Week, Money Magazine, Financial World, The Wall Street Journal, The New York Times, USA Today, and The Financial Times, as well as being a special guest on CNBC’s Smart Money and a regular guest on PBS’s Nightly Business Report.