Seth Tobias Says Wall Street Investors Will Reduce Stock Market Risk

Seth Tobias of hedge fund Circle T Partners in New York thinks that with the recent turmoil in the mortgage market due to the global credit crunch, many investors will want to reduce the risk in their portfolios.

Seth Tobias said: “People are tired and they’re going to reassess what kind of exposure they want,”

Seth Tobias then added: “I think you’re going to see a reduction in risk profiles.”

Market analyst Sam Kirtley of The Gold Prices Newsletter somewhat agrees with Seth Tobias, “Investors are going to look for ways to protect their wealth, whether that be in low risk securities or in ’safe havens’ such as gold and gold stocks, which we feel will rise considerably over the coming months.”

Do you think Seth Tobias is correct?

Will investors flock to gold as Sam Kirtley thinks or to any low risk investment as Seth Tobias thinks?

Or will it be a combination of both these things?

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