Gold Has Provided Portfolio Protection In Past 11 Crises – Got Gold?
The chart below measures the performance of spot gold versus the S&P 500 Index during 11 crisis periods since 1985. Gold returned an average +6.4% compared with -21.7% for the S&P 500 for these 11 crisis periods.
Tocqueville Asset Management.
We believe that gold should be overweight in your portfolio at this time.
Editor’s Note: The above excerpts are from the original article by Peter Grosskopf, and have been edited and abridged by Lorimer Wilson, editor of munKNEE.com.
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