Gavekal Capital: Gold Stocks Lead Gains

Tuesday, October 22, 2013

With the price of gold up another $23 today, after surging $40 last week, gold stocks are the leaders in the MSCI World index today.

Adding fuel to the move is the plunge in the USD today, stepping down by half a point so far this morning.

Perhaps signaling the low, the selling climax in the GLD was June 28, where 33 million shares traded hands at $119.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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