Gold price forecast....

$1200

Thanks guys. Ive gone ahead and bought some stocks to hold onto for the next few months. Its going to be hard for the FED to raise rates in March. NEM, ABX, NUGT

This 5 year chart makes me agree with the 99% of all mainstream economists and investor professionals who say hold <10% of one's wealth in precious metals.



I have close to value presently that in bullion & coins, otherwise I'd probably be bullish on gold or silver.

I agree. I have significantly less than 10% in physical gold, but somewhere around 10% if gold and silver was aggregated. But the percentages can be played with. Real estate skews the percentage of your portfolio unless you only consider the equity portion.

Maintaining a balanced portfolio is easier said than done.

I'm a silver believer. Not to the extent where it's the majority of assets I own, but out of the 10%ish that I have in physical precious metals, the vast majority is silver.

Industrial uses. Supply demand stuff.

I could be over 10% pm's right now, because I have been buying silver.

But I'm willing to wait 10 years if I need to, and unlike a lot of people that take possession of pm's, I do sell them when the price justifies it.

So I own it, and I stack it, but I'm not married to it, and have no regrets about selling part of it at a gain.

I've considered palladium and the other exotic stuff as well, I've just never pulled the trigger on anything except gold and silver. And I don't own much gold. Very little actually.

But, but, but... I own all asset classes. So that includes precious metals. Also includes real estate, bonds, preferred shares, and cash. I try to be balanced. Doesn't mean I own equal percentages of every assets class, but there's not too many I don't own. Some pretty conservative and boring.