The Globe and Mail reports in its Friday edition that Bruce Cooper is pushing for the one asset he says he can count on -- gold. A Bloomberg dispatch to The Globe says TD Asset Management's chief investment officer is focusing on capital preservation and he sees gold as the best bet in a world flush with central bank stimulus and swirling with volatility. The firm, which oversees more than $300-billion, shifted to "maximum overweight" in gold for its portfolios during the second quarter from a "modest overweight" according to Mr. Cooper's latest report. Britain's vote to leave the European Union is likely to lead to continuing stress, Mr. Cooper said, while the U.S. presidential election may provide its own market-jarring news. "We turned more positive on gold at the beginning of the year and then we reinforced that in the second quarter." Mr. Cooper added: "Job 1 today is about capital preservation. It's not about shooting the lights out." Even with recent stability in oil and the chance prices could increase later this year, energy is a risky bet, he said. "This is not a time to speculate on low-quality companies with weak balance sheets that don't generate cash flow."