WHETHER BULLION OR BARS, ADDING GOLD COULD BENEFIT MOST PORTFOLIOS
It will never be said that old Elihu is a “gold bug” but in times like these, one should be thinking about putting at least some percentage of their portfolio in this commodity. Who could have guessed that market and geopolitical events would have unfolded the way they have? To recap, in recent months we have experienced another terrorist attack in the subways of London and demonstrations by the far right and counter-demonstrations in Charlottesville, Virginia, while North Korea continues its reckless activities in Asia. The United States equity and fixed income markets continue to perform nicely, but concerns have crept into the market. The VIX Index, which is a measure of expected volatility, has swung wildly over the past 30 days.