How many ounces of gold should i own?

A general rule of thumb is to keep gold at no more than 10% of the total value of your account. Gold has previously moved in the opposite direction to the US dollar, so some investors use it as a hedge against inflation.

How many ounces of gold should i own?

A general rule of thumb is to keep gold at no more than 10% of the total value of your account. Gold has previously moved in the opposite direction to the US dollar, so some investors use it as a hedge against inflation. Some analysts recommend allocating five to ten percent of their portfolio to gold and silver. Others suggest allocating up to 25 percent.

So how much gold and silver should you have? It depends on your situation and your needs. The assignment will be different for each person. To help you decide how much gold and silver you can consider owning, we have compiled information from across the country. Of course, this list doesn't include everything, and there are other considerations to keep in mind as well.

In terms of what financial professionals can recommend, we've seen numbers ranging from 1 percent to 20 percent. Where one can be within this spectrum depends on a number of factors. That said, many so-called “experts” recommend investing in stocks, with an investment of 30 to 40% in precious metals. Usually, it is said that between 10 and 20% of that must be in gold and silver each, although that is up to you.

This assignment can be a little more confusing when considering platinum, palladium and other metals as well. Both large and small investors have thought about adding gold to their portfolio. Many small investors have invested between a few hundred and a few thousand dollars in precious metals. Many large investors, institutions and countries hold billions in gold bars.

For many of us, that means having a few ounces could have some merit. While there are vaults like this one, gold bars are much more accessible than the gold owner can imagine. Depending on the gold coins you buy, for example gold maple leaf coins, you can add them to duty-free accounts. But the prize he won, they hold these contests where you're really looking for gold, and they put some gold in the bottom of a half-barrel type contraption, and everyone looks for it and whoever finds the gold first wins.

And again, gold is money, so when you see it more like money, you start to realize that buying a gold coin isn't just a nice part of the story, it's actually something you can use to protect your standard of living. Many of the advantages of buying gold are not present in most other investment options and thus increase the inherent value of gold. Investors treat gold more like a currency than silver, a metal that has far more industrial uses than gold.

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