There is always risk. The question is where does the greater risk.
For that its helpful to have accurate info.
Will gold go to 2000?
People mostly say these days that its good to have some gold denominated assets in a balanced portfolio. The emphasis here is on “Balanced Portfolio”
There is no such thing as a balanced portfolio anymore. There are only assets that will rise with inflation or get crushed by it. The silver market is heading for a major meltdown that may see the price of the poor mans gold bit triple digits. There is no central bank hoarde of silver to tap
when all the traders short the dolla and go long silver and then exercise their contracts to take delivery. Where is JP of HSBC going to get 28 million ounces on such short notice. They’ll try to settle for a
cash premium but the long won’t bite for less than 50 per ounce when it happens
Then the panic will spread to the gold pits a d it halleluah time. This will result in a global reset where all paper fiat currencies bite the dust and only gold and silver are left standing. The question is will people se the handwriting on the wall before it’s too late or just be led to financial slaghter? Time is exceedingly short. Maybe just months or even weeks.
balanced portfolio.
When everything is at risk of catastrophic decline in value, what do you put in your ‘balanced’ portfolio?