Gyroscopic Investing

Hi all

I'm very interested as to how people have set up Global PPs or UK PPs.

I know the conventional advice, but it has always struck me as suboptimal - mainly the gold component.

Given the importance of the US economy on a global scale, gold would react as intended to any US monetary shock. Not so much, however, to a UK shock.

Sure given the the recent correlation and coordination between the US and UK this hasn't mattered and won't show in backtests, but this is supposed to be permanent, and not just something that happened to work in the last 30-50 years.

Alternatively, is there a global option that could work for anyone?

Thanks

Hi there,

I do have almost pure US PP held in USD (25% ESD, 50% US7 and 25%GOLD), do not ask me why those ETFs - consider it as a limitation I have for this implementation (thus using synthetic funds and bond bullet instead of barbell).
Also do have a sort of global portfolio in EUR (I think of it as a mix between Boggler and PP) - 30% EUNL, 50% DBZB and 20% GBSE. DBZB and GBSE are EUR hedged. Cannot complain too much, my modest opinion is that pure PP works for US only. Do own physical gold too and (still) rely to my job for the most of my income. Not the most successful speculator (with my VP), too, though I had some good shots in the past..