Gold bull Mobius says every portfolio needs at least 10%

“I love gold.” – Mark Mobius

Bloomberg/Ranjeetha Pakiam

“Veteran investor Mark Mobius says that gold’s set to push higher, potentially topping $1,500 an ounce, as interest rates head lower, central banks extend purchases, and uncertainty surrounding geopolitics and cryptocurrencies fans demand.”

USAGOLD note:  Our standard recommendation is a 10% to 30% diversification depending on your particular circumstances, needs and world view (among other considerations).  For some, 10% is not enough.  For others, 30% is too much.  Only you can determine the right number for you.

Repost from 7-4-2019

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