Gold should be dead, but somehow it’s still adding value

MarketWatch/Brett Arends/7-15-2023

The first thing is that over the past century including some gold in your portfolio alongside stocks and bonds has genuinely added value. It has produced higher average returns, less volatility and fewer of those disastrous ‘lost decades’ where your portfolio ended up whistling Dixie.”

USAGOLD note: Arends has never been an ardent supporter of gold, but in this article he reluctantly makes concessions.… To make a long story short, a portfolio that includes a 10% gold diversification over the long run does better than one that doesn’t. How would a 20% diversification look?