How much gold should you own? That’s a question only you can answer, but for almost everyone, the answer is not “none.”
I’ve heard Mohamed El-Erian suggest 5% of your portfolio could be appropriate. Our friend Jared Dillian advocates as much as 20%.
I believe it makes sense to hold some gold in your portfolio. It is a reliable, time-tested hedge against currency debasement—something we may become more familiar with in the years ahead. Gold can also smooth out the volatility in your portfolio, as it tends to trend up when stocks trend down.
We’ve been hearing about gold quite bit lately, with prices hitting $2,500 per ounce last month, for the first time ever.
My team and I put together a short briefing on how to own gold. Inside you will find multiple ways to invest in gold, thoughts on how much you should hold, and five potential tailwinds that could send gold higher over the long term.
Click here to view your complimentary copy of our 2024 Gold Briefing.
We’ll return with a fresh video interview next week.
Thanks for reading.
