Robert Sczech

The Case for Gold Today

Diversifying 3% to 5% of all savings into precious metals (including gold) is a low risk proposition. Mutual funds charge routinely more than 1% in management fees per year, so diversifying 5% into precious metals is the equivalent of giving up 3 years of management fees to financial institutions. Any allocation of less than 10% into precious metals is not significant if the present financial system is going to survive. On the other hand, if the financial system is going to fail, than an allocation of 10% (or less) into precious metals may not be enough in order to preserve the purchasing power of your savings.