Gold Will Still Outperform Equities Over Long Term

"Of course if you have got risk on/risk off trades occurring in the marketplace you're going to get oscillations, equities are going to rise, gold could fall and vice versa," Angus Murray, chief executive at Castlestone Management told CNBC. "I still think though, over a period of five or ten years, you're much better off owning real assets, unleveraged real assets and gold is the easiest one to look at in that area, than say, owning equities. I think you'll get an outperformance in that asset class versus equities as a whole."

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