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How much gold should be in an investment portfolio now?

Robert Wiedemer

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Video Transcript

In terms of how people should deal with the coming bubbles, in terms of their own personal finances and what they should allocate to what, it's pretty easy to say that gold should be at the top of the list. When we talk about risk adverseness or where you stand in terms of your career in life, and are you just getting into the workforce, are you retiring from the workforce, the general rule would just be what percentage you put into gold. If you're willing to take a little more risk, we recommend percentages of 50% or higher. Now that may sound like a lot, but I'll tell you I have friends in Washington D.C. who work for major firms like Merrill Lynch who will also say 15% in gold right now is very reasonable. So although I'm going a little further, even major firms like Merrill are saying 10 or 15% that's reasonable. So I would say put as much into gold as you feel reasonable given where you are in your particular level of investment in your career, in your stage of life.