The case for gold

Mauldin Economics/Jared Dillian

Repost from 5-22-2021

graphic design of gold coins as part of pie to show idea of diversification“I have been making the investment case for gold since 2005. That was the point that the first physical gold ETF was listed, and I bought some. Then I bought some more, then I bought some more, and now I have it coming out of my ears. You could skip this note and just read Alan Greenspan’s 1966 essay Gold and Economic Freedom, but his is a little more dense and ideological.

USAGOLD note: Jared Dillian, who writes about gold frequently and whose columns appear at a number of financial websites regularly, has 30% of his portfolio committed to gold – the top end of the 10% to 30% we recommend to our clientele (where you fit within that range depends on your level of concern). He thinks gold will challenge its old highs at $2070 per ounce in due course.

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