Monday, March 23, 2015

Own Gold as a hedge

One generally owns some physical gold because in the back of their mind people know something may go wrong in the financial system. We had debt crisis in 2008 and 2009 and now global debt levels have increased by another $57 trillion. Global debt as a percentage to global GDP continues to expand. No one knows how this will end and in this environment one would want to own some real estate and some precious metals.