The Gold Owner's Guide to 2015
By GCRU Gold News on Wednesday, December 31 2014, 20:58 - Permalink
"The first rule of investing is capital preservation. The resilience of the gold price, much like falling yields on UK gilts, is a canary in the mine of the global economy, showing that investors think the anaemic recovery could rapidly unravel without being propped up by money-printing. A balanced portfolio should hold an allocation of about 5pc in assets such as gold. The future is uncertain and gold is the most effective insurance against that."