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How much gold should you have in your portfolio?
My family has about $10,000 worth in gold assets, so I was just wondering.
3 Answers
- David MLv 71 decade agoFavorite Answer
In normal times I would say between 5-10%. However, with the recent runup in the price of gold, I might cut down on that. When gold was trading around $1,000 an ounce I sold off all my gold stocks. I think gold has had it's run. If you're concerned about inflation I believe oil stocks are a better inflation hedge at this time.
- 1 decade ago
gold rush is over..especially with the dollar strengthneing and all...but invest in converted organics-its trading on the the nasdaq..the plants and production r just starting up this quarter..u can easily double or triple ur money this year or next year...great company with great projects on hand..they will be doing a cnbc special this fridya....
