ISG Global: The current pullback in gold prices is an opportunity for investors to gain additional exposure to the resurgent bull market in the precious metal according to Japan-based wealth manager, ISG-Global.
Since surging to an intra-day high of $1371.00 two weeks ago at the height of uncertainty following Britain’s surprise decision to leave the European Union, prices have drifted lower as expectations for more monetary stimulus have tempted investors back into risk assets like equities.
“There have been a number of hints from central banks in the UK, Japan and Europe that more they stand ready to do whatever they deem necessary to support economic growth in their respective countries and that has restored confidence in equities even though, certainly in the US, they’re already somewhat overpriced relative to the state of the economy,” said Kit Morton, chief economist at ISG-Global.
The firm’s commodities research team led by Noriko Yashimura said she believed that stimulus would strengthen the case for owning gold and silver, both of which have risen sharply in price in 2016.
“The effect of more stimulus, be it quantitative easing or interest rate cuts, will inevitably serve to weaken currencies further and that is always supportive for precious metals. We still believe that gold will head towards $1450.00 by the end of the year but how it gets there remains to be seen. The US presidential election will play a role but the biggest driver will stimulus.
ISG-Global advises clients to hold between 10 and 15% of their net worth in precious metals as a form of insurance against financial crises.

About ISG Global:
ISG Global is an investment advisory firm specializing in private money management that serves the expatriate community in Osaka, Japan. Our focus is working with Individuals and families, with assets of $1 million plus, who have a requirement for wealth management coupled with investment advice. All our clients are serviced by highly professional financial experts with comprehensive exposure to a fast moving financial landscape.

The decision to work with ISG Global expertise, is your first step in determining long term financial goals for you and your family. It's because your security and prosperity matter most to us, that we believe ISG Global is a smart and intelligent choice for high net worth individuals.