Gold: The Only Physical Asset That Isn't Deflating

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...gold should be at least 10% of your personal net worth at this point - if you can get it. There's a major shortage of physical gold right now in the United States and Europe.

...The smart investors are selling into strength or on days when stocks advance. Other smart investors are even buying their favorite stocks at big discounts compared to just a few weeks ago. Warren Buffett is one of these investors. You can cherry-pick or average-down some great companies right now but you must have at least a five-year investment horizon.

Also, gold should be at least 10% of your personal net worth at this point - if you can get it. There's a major shortage of physical gold right now in the United States and Europe. I'm disappointed gold isn't trading north of US$1,500 right now amid the panic.

With supply shortages now becoming acute and production growth almost non-existent this year, I'm still forecasting at least US$2,500 gold before this bull market is over.

Gold is the only physical asset out there right now that isn't deflating. And I have a feeling that gold prices can rise in a deflationary economy. This might yet be its finest moment.

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