Bonds Vs. Gold
Investors are currently pouring their life savings into municipal bonds, corporate bonds, and long term treasury bonds in search of yield for their retirement income. Most investors now have 75% or more of their portfolio the bond market. They toast at dinner events and discuss the silly gold "bubble" they are hearing about on the news.
While bonds now represent a massive portion of an average portfolio, let's take a look at the average % in gold and gold mining stocks today compared to the past. Does this look like a mania?
While bonds now represent a massive portion of an average portfolio, let's take a look at the average % in gold and gold mining stocks today compared to the past. Does this look like a mania?
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