This expert says you should have gold in your portfolio. Here’s why.
Much has been made of gold’s recent record price rise. And fair enough, too. It’s not every day that the price of an asset reaches a new all-time high. And when that asset has thousands of years of history as an investment (predating every share market on the planet), it’s an even more remarkable event.
Piles of gold
Yes, late last month, gold finally broke its 2011 high of US$1,921 an ounce. Today, it is well over US$2,000 an ounce. That means in 2020 so far, gold is up around 33%.
This has …