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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (17641)3/31/2002 5:35:00 PM
From: prosperous  Read Replies (1) of 74559
 
Jay

Do you plan to use gold to hedge against depreciation of other assets to keep the portfolio leveled or do you plan to seriously use gold to provide significant capital gains over next few years? If former, how do you plan to change from the current 5% or so of your asset allocation in gold ? if latter, when and how (and how much) would you change your asset allocation to gold? Based on the history it seems it may take a few years for gold value to boom (2004-5), what time-line and growth you have in your mind? Just curious,
Thanks and regards

Hemant
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