Alphabaskets: Gold fight, Who wins, Who loses
Posted: Sat Jan 18, 2014 6:43 am
http://alphabaskets.com/gold-fight-who- ... bout-gold/
What is it about Gold that distracts Journos enough to write such nonsense ?The permanent portfolio calls for 25% in gold but that exposes the portfolio to a tremendous amount of volatility, more than most clients probably want. To the extent gold is a diversifier for equity exposure, too much in the diversifier and you no longer have an equity portfolio.
