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Weathering the Storm, Gold Continues to be an Asset Class of Choice
What’s happening now is panic, says Joseph McAlinden, who thinks that the financial system will survive it and that a year from now the Dow will be dramatically higher. Chairman and CEO of Catalpa Capital LLC, and former managing director and global chief investment officer for Morgan Stanley Investment Management, McAlinden tells The Gold Report that he believes gold continues to be an asset class of choice, despite the decline during the late summer sell-off.
The Gold Report: What does it mean when major investment banks are disappearing and the federal government steps in to bail out Fannie Mae, Freddie Mac, AIG and…
29Sep2008 | The Gold Report | 2 comments | Continued
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