Study claims portfolios containing precious metals equities shine

Mitchell Conover, Associate Professor of Finance at the University of Richmond in Virginia, Gerald Jensen, Professor of Finance for Northern Illinois University and Jeffrey Mercer, Associate Professor of Finance for Texas Tech University, along with Robert Johnson, Deputy CFO and Managing Director, Education Division CFA Institute researched daily returns for the U.S. equity market and six alternative precious metals indices from January 17, 1973, through December 2006.

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