When asked on why you need physical gold:
In an interview Felix said that he believes gold will eventually rise two to three times in price and stresses the difference between paper and physical gold. He also sees the stock markets performing well in the first half of 2012, but believes things could turn around in the second half of this year.
In October 2011, Felix Zulauf said that gold needs a few months to build another base between $1,475 and $1,750 an ounce before its next move up sometime next year. As gold has gone down to $1600 an ounce, but has been for a long time in downtrend we believe that gold might be in the final clearance phase and then could start rising.
Felix Zulauf was born 1950, and is the owner and president of Zulauf Asset Management, a Zug, Switzerland-based hedge fund. Felix has worked in the financial markets and asset management for almost 40 years. Mr. Zulauf has been a regular member of the Barron's Roundtable for more than 20 years.
