On Bloomberg Television Monday morning, one of the guests made a comment to the effect that gold wasn’t as good an investment as stocks. I yelled at the television.
I often hear people repeat the idea that gold isn’t an investment … that investors are better off in equities. I disagree.
Every investor should hold some gold in their portfolio. It’s a great hedge against a collapse in the market. In this environment of ever more paper money, gold has a place in your portfolio today.
The chart below explains everything you need to know about why you should own gold. It puts the current bull market into perspective.
Gold is an easy thing to own and store. Buy some, stash it in your safe-deposit box and let it protect some of your portfolio.
Editor, Real Wealth Strategist