By: Eric Fry
For more than a decade, the markets have made a fool out of the conventional “wisdom” that stocks are for buying and holding. During the last eleven and a half years, for example, the S&P 500 Index has delivered a total return of exactly zero.
The markets have also made a fool out of the conventional wisdom that gold is a barbarous relic – a monetary artifact. During the identical eleven and a half-year period when stocks were busy doing nothing, the gold price quadrupled! LINK...
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Just think about it...allocating only 10% of your portfolio to Gold, eleven years ago would have shown you a return on your entire portfolio of about 30% year to date. BK
