FINALLY, Investment Advisors Are Capitulating And Buying Gold

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Friday, September 16, 2011 FINALLY, Investment Advisors Are Capitulating And Buying Gold Here's  a fascinating little nugget. A recent Schwab survey of 911 registered investment advisors (RIAs) asked respondents what asset class they were likely to allocate more money to going forward. As you can see, there's almost no increase in enthusiasm for any area except... gold. 10% of respondents said they were likely to allocate more to gold, a major jump from 7% when taken earlier this year. The rest are all flat, down, or barely up. Kind of crazy how late they are onto this huge bull. Surely they're getting tired of explaining lack of gold exposure to angry clients. A sign of a top, or the start of the next huge leg as more retail money floods in? Read » Also On Money Game Today: THINKING THE UNTHINKABLE: Nomura Presents 5 Possible Outcomes For Europe Money Anxiety Hits A 30-Year High MONEY GAME TIP OF THE DAY: The Best Financial Blogs On The Internet Gordon Brown: Euro Crisis Is Even Worse Than Lehman Advertisement CHART OF THE DAY: Gold Plunges On Day Of Massive Global Money Printing CHART OF THE DAY: Stocks Are Experiencing Deja-Deja-Vu CHART OF THE DAY: SocGen's Completely Manic Tuesday Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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