"Legendary investor and Platinum Asset Management founder Kerr Neilson will leave the fund manager's investment team at the end of August after concluding his proteges don't need him around anymore, and he can apply his time and wealth to other causes.But stepping away from the market altogether is not so easy for the billionaire who introduced global investing to Australia. He is bullish on gold, which has shattered records this year as US real yields turned negative and monetary stimulus stokes fears of sovereign default risk."
"The legendary investor is still going to trade in his own time and gold is where his interest lies: "You have to have gold," he says, "all these despotic places have been adding to their gold.""