Peter Grandich, CEO of petergrandich.com, sold all his equities two years ago and allocated 100% of his holdings into gold; he has maintained his position since.
Two years ago, this was a contrarian call, Grandich said, but he told Kitco News that much higher price levels are still possible.
Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.