May 13, 2019 Guest(s): Michael Danov President & CIO, SBP Management
As capital deployed in the gold space is thin, investors should allocate assets in their portfolio to make the best of the current gold price instead of constantly wishing for higher price levels, this according to Michael Danov, president and CIO of SBP Management.
"There's momentums when you can come in and invest, but people always complain that the gold prices need to be higher. No, I think the gold price needs to be where it is so you need to figure out what you could work with," Danov told Kitco News on the sidelines of the Mines and Money New York conference.