Most investors are familiar with gold’s value as a long-term investment, but the ability to use gold to make money in the short term is sometimes forgotten.
According to Jeffrey Christian, managing partner at CPM Group, the most successful investors are those who look at the yellow metal from both angles.
“The investors that we’ve seen who have done the best are … long term and short term. So they will own some precious metals as long-term insurance and portfolio diversifiers, but they’ll also trade the metal,” he explained on the sidelines of the Vancouver Resource Investment Conference.