A Response to Those Who Think Gold Investing Doesn't Make Sense

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...my view is that gold has done very well in hard down markets, and that's what we could be looking at here. So what harm could there possibly be in that small hedge?

...To me gold is even more controversial than the broader range of commodities investing that has become all the rage among asset allocators. Why? Because gold has always felt a little like betting on the "don't pass" line in craps (betting with the house) and a little, well, looney.

But my view is that it's done very well in hard down markets, and that's what we could be looking at here. So what harm could there possibly be in that small hedge? Add that to the fact that that the global economic climate could favor an insane squeeze on in incredibly limited resource, and that small allocation could end up paying big dividends.

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