$.0001-$.0011 News, DDs & Charts Only!!!

[mick]

should expect some kind of disastrous breakdown of society a la Mad Max after some impending economic catastrophe. Still, it's important to hold a little gold bullion to hedge any unseen losses.

If you have as little 5% of your assets in gold bullion, you are safer than most people by a long shot. Estimates are hard to come by, but the few that are out there suggest only 1–2% of the entire U.S. population owns gold, other than in jewelry — and they really don't even own a lot of gold jewelry relative to other people around the world, particularly in places like India.

The traditional philosophy of gold ownership says you should keep 20% of your assets in gold bullion. But I want you to aim for just 5% for now.

I don't expect to see a whole lot of action from gold anytime soon. The only thing in the market I see really moving gold significantly higher right now would be that very unlikely crash.