Gold Bull Mobius Says Every Portfolio Needs at Least 10%

in dlike •  9 months ago  (edited)

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(Bloomberg) -- Veteran investor Mark Mobius says that gold’s set to push higher, potentially topping $1,500 an ounce, as interest rates head lower, central banks extend purchases, and uncertainty surrounding geopolitics and cryptocurrencies fans demand.“I love gold,” Mobius, who set up Mobius Capital

It's nice to see someone in the mainstream media recommend 10% gold in a portfolio. I prefer a bigger percentage of closer to 30 %.

I'm surprised that they don't mention anything about having some exposure to the cryptos.

I also think silver would be a good idea right now if the economy is booming, as they say, then silver should be in high demand.

I'm no investment advisor and I'm just sharing what I like to do!

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Just check mine and at 6% so plenty of opportunities to improve. I have been thinking about the same things which have led me to consider buying some more!

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Nice, keep it up!

My end goal is gold. Yet in my short years of stacking, I have not converted my silver to gold. I thought that I'd stop buying silver this second half of the year and focus only on gold.. but then prices are good for silver, and gold is up. BTW, did he say 10% in value and not weight, LOL?

There is no wrong way, lets just keep on stacking till the end!

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