Thursday, June 26, 2014

Gold Bug Porn (5 reasons to own gold)

Here's a little something that is relevant about gold today. The last point might not be so relevant in the future once prices correct, but it is a fantastic long term point of view to show where we are right now.

If you don't want to buy more gold now, that's all right. As long as you have some of your portfolio in it, that's good. You don't need to make it the core of your portfolio. It is a store of value, not a productive asset.

But by golly, don't even think of selling any gold that you have now! Didn't your parents ever teach you to buy low and sell high?


This is like the briefest, but most accurately broad topic infographic that touches on all the important points of owning gold.

My exposure to precious metals is already rather high, but I am quite ashamed to say that less than 5% of my portfolio is physically allocated precious metals to my name. On that front, I am aware that my portfolio insurance is not enough, so I am actively buying on dips trying to raise my physical allocation.

My precious metals dealer of choice is BullionStar and all my physical purchases go through them.


Full disclosure: If you enter BullionStar through my site, and you buy anything, I get a small commission.

This is my main source of blog revenue. I prefer this to "donations" because I rather you get something that you want as well, instead of a tip.

Whether you buy at BullionStar directly or enter from my site, the price you pay does not change.

My personal precious metals investments are stored with BullionStar and I pay the same fees as any other regular customer.

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