The case for gold
Repost from 5-22-2021
“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.