How Much Gold Should The Common Man Own?


ZeroHedge/Mike “Mish” Shedlock/08-09-17

Earlier today, I had the pleasure of discussing gold, equity valuations, bond bubbles, and inflation with Greg Hunter at USA Watchdog.

In the interview, I mentioned the nearly “everything bubble” and stated a belief that gold was one thing that was not in a bubble.

…It’s curious that people are worried about gold but not the obvious bubbles that surround them. Media contributes to the ignorance by demonizing gold while praising bubbles.

It should be clear to any rational thinker that the Fed (central banks in general) blew amazing asset bubbles in equities and junk bonds in their response to the “Great Recession”. In their misguided quest to produce inflation, which they do not even know how to measure, central banks even re-blew the housing bubble.

In general, 10% to 25% in physical gold and silver seems like a reasonable amount.

Share
This entry was posted in Gold News, Gold Views. Bookmark the permalink.

Comments are closed.