Gold Investments & Delusional Enthusiasm
natural silver
Opinions these days are conjecture at best! It seems to me that the completely unexpected is now in vogue. Therefore all scenarios of eventual outcome are possible and probable. A crash in the commodities market taking gold to $700 or a monstrous run to $2000 by the end of the year both appear to have equal weight just as the US markets have shown us over the past year with delusional enthusiasm.
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It would be foolish to put an inordinate percentage of a portfolio into gold.
But it would be just as foolish to put none into it.
Would a 5 or 10% portfolio stake be any more risky than the conventional investments that have rendered pension funds, municipalities, and investment gurus
penniless?
California Gold Nuggets