How many Financial Advisers tell you to have about 10% of your money in gold or commodities when, in fact, gold has been the best performing asset over the past 20 years.
IF GOLD STARTS FLYING, THE DOLLAR WILL START CRUMBLING AND IT WILL BE A WHOLE NEW BALLGAME!
IN THE FIRST 40 YEARS OF THE 21ST CENTURY, OWNING GOLD (BURYING IT IN YOUR BACKYARD OR BUYING AN ETF) OUTPERFORMED THE S&P 500 - WITH DIVIDENDS REINVESTED IT OUTPERFORMED THE S&P 500 FIVEFOLD. CASE CLOSED!
First, I will tell you briefly what you should NOT do in regard to Bitcoin- which is buy it.
You want to stay away from ETFs that are so-called twofold and threefold. If a particular group of stocks goes up- they go up twice as much. It seems very enticing- avoid it.
Gold Gains of 58% to 149% in just 6 months... how to grow rich by grabbing quick profits from small increases in these fast-moving, highly lucrative markets.
We're not going to be able to ‘flip a switch’ and all of the sudden we’ve all gone 'green' and we no longer need commodities. That's just not going to happen.
When you look at gold and the possible corrections of fluctuating spot prices, you just have to be invested for the long term, as it will reward you much more than any other investment that you could have made.
The catastrophic 2008-2009 financial crisis had made it obvious that BIS needed to raise the standards relating to liquidity to forestall any repetition of that financial meltdown.