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Podcast: Money Life with Chuck Jaffe
Episode: Veteran manager says gold remains in 'an aggressive accumulation phase'
Description: Adam Rozencwajg, managing partner at Goehring and Rozencwajg — a fundamental research firm that focuses on making contrarian natural resource plays — says that the rally in gold is far from over, and that "until it gets to at least the long-term average [of its value relative to the market], you are in an aggressive bull market, an aggressive accumulation phase." That average would take gold to about $8,000 an ounce, meaning the asset has room to double. Rozencwajg also talks oil and why he likes it despite status as "the most hated asset class in the world." Ryan Redfern, chie...