| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Gold bull Don Coxe cuts precious metals exposure to record lows
Wednesday, April 17, 2013 3:17
% of readers think this story is Fact. Add your two cents.
Don Coxe, chairman of Coxe Advisors LLP and one of North America’s best-known commodity gurus, said his investment management team has cut asset allocation weightings in precious metals for all portfolios he advises to record lows.
In a note to clients, Mr. Coxe did not disclose what weighting gold now has in his managed portfolios. But he did note that his team had already cut some exposure to gold when bullion failed to rally earlier this year.
