Gold remains world's most powerful trend

Charlie Morris, head of absolute return at HSBC Global Asset Management, says gold remains the most powerful trend in the world and his team's forecast of $2,600 an ounce still looks realistic. However, investors should not ignore the opportunities in silver, nor investing in gold mining stocks - both of these are undervalued. Physically backed ETFs and actively managed funds are a good way to gain exposure to both bullion and gold mining stocks, he said.