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ranbotrader
Member since May 2012
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How Much Gold Should Someone Own? Where and How To Own It?

- Mish - Global Economic Analysis

Mish: owning EFTs and any form of paper gold seem to ignore the danger of currency collapse. Surely that is the main reason for actually owning gold.

Commented 3583 days ago

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Beginning of the headline :Periodically I receive questions on gold ownership. How much should one own, and where? Let's start with the first question: How Much Gold Should Someone Own? There is no fixed answer, but rather a general methodology that I like: Do not invest outside your comfort zone. Think in terms of percentages, not fixed amounts. For some, 10% is too much, for others 30% is too little. Some do not trust anything else and are willing to hold a huge percentage of their assets in gold If a 30% decline... Read More

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