Q: Philosophically, do you espouse that some percentge of a portfolio be in a physical gold proxy for the average investor? If so, what do feel makese sense as a target allocation?
5i Research Answer:
We like physical gold as 'insurance' against unknown events and inflation. On average, we would see a 5% bullion weighting, combined with a 5% gold stock weighting, as about right for the current economic climate.