
Where Are We in the Commodity Cycle? w/ Rick Rule
Real Vision: Finance & Investing
00:00
How to Trade Around the Price of Gold While Holding for the Long Term
I do not trade around the gold price, particularly with regards to the metal itself. The metal in my own portfolio is insurance against my government - which I feel I need. For me, it fulfills an insurance function in my portfolio and I'm unlikely to trade it. When they get towards the top end of that value, particularly if I see too many by recommendations from generalists, I tend to trade. But when conventional analysts don't remember how to spell gold, I am inclined to be on the buy side. It's hard to do right it's hard to be that contrarian.
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