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Steve Medland Quoted in Wall Street Journal Gold Article

Steven Medland was quoted in Daisy Maxey’s Wall Street Journal article, Not All Gold Investments Are Equal. In this article, Maxey interviews Medland about his outlook for gold.  “Steven Medland said mutual funds that invest in gold-related stocks are currently one of the most undervalued asset classes. He has 2.5% of his clients’ portfolios in Van Eck International Investors Gold Fund (INIVX), and said he’s looking for a better valuation before boosting that exposure. In the last 10 years, gold mutual funds have underperformed gold bullion, Mr. Medland said. ‘If history is any indication, this relationship will eventually revert to the mean,’ which means gold stocks will outperform gold bullion and likely the overall stock market, he said.”  Read Steve Medland’s full quote

By Steve Medland | TABR in the News

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