I have been making the case for gold for a very long time however I received nervous immediately watching CNBC and seeing Jim Cramer frothing about gold. He has lengthy talked about holding 10% of your portfolio in gold, and that potion (based mostly on virtually any timeline) has now overwhelmed the S&P 500.
The thesis for gold is more and more crystalized by the straightforward query: What’s safer, the US greenback or gold?
Huge deficits, political dysfunction and geopolitical antagonization make that query a simple one to reply.
Ken Griffin actually touched on that time final week and yesterday, Ray Dalio echoed it.
in case you have been to take a look at simply from the strategic asset allocation combine
perspective, you’d most likely have because the optimum combine one thing like
15% of your portfolio in gold,” he mentioned on the Greenwich Financial Discussion board.
