Peter Cavelti on gold in your portfolio

[I Shrugged]

Here’s a long form discussion on the role of gold in general and in a portfolio. And how to hold it. Disclaimer, the section on portfolio construction is only a small part of the hour. He is a Swiss-Canadian money manager and gold advocate.

The last twenty minutes moves away from gold to international politics, more general philosophy than details.

The hosts are from the Doug Casey camp, where even libertarianism is too soft, haha. But they only asked a few questions, and let the money manager run.

https://youtu.be/NP-RqalFMB0

[dualstow]

Hold on, Pugchief wants to ask something. What's that, Pugchief?
Oh, he says, can I get an executive summary?

[I Shrugged]

Hold on, Pugchief wants to ask something. What's that, Pugchief?
Oh, he says, can I get an executive summary?

I hope you watch it.
But the summary is:
Gold is better than fiat.
Physical is preferred.
The right amount for a portfolio is 10-15%.
He also talks about stocks, bonds, and cash but you’ll need to listen to get that.

[yankees60]

Hold on, Pugchief wants to ask something. What's that, Pugchief?
Oh, he says, can I get an executive summary?

I hope you watch it.
But the summary is:
Gold is better than fiat.
Physical is preferred.
The right amount for a portfolio is 10-15%.
He also talks about stocks, bonds, and cash but you’ll need to listen to get that.

Basically all fits in with the Permanent Portfolio stance on gold!

[dualstow]

Thanks, Shrugg. I do plan to watch it, because my Friday nights are pathetically asocial!
(actually, that's by design. Too crowded. I go out on weeknights).

[dualstow]

I'm listening now. I just find it harder to focus than when reading.