- It might sound crazy, but gold at $20,000 is a highly probable scenario.
- However, gold at $600 is also a probable scenario in the short term.
- I’ll discuss how to position your portfolio to take advantage of scenario 1 and not lose much in scenario 2.
I’ve already written about how gold should be an essential, but small part of each portfolio. My theory is that by putting a few percentages of your portfolio into gold miners, you hedge yourself against anything that might happen while you don’t risk much as all you can lose are those few percentage points. More →