Opinion with Peter Hug
Gold and precious metals as part of a balanced investment portfolio
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
(Kitco News) - Investors that held the belief that metals were a valuable asset diversification tool did well in 2019. Just from a numbers perspective, since January 2019, appreciation to date is as follows: Gold is up 14%, silver is up 8%. The PGM’s of which we were extremely constructive: Platinum is up 14%, palladium is up 48% and our winner rhodium is up 123%. These positions protected against a material drop in the balance of your portfolio, which if invested in equities also returned a healthy 22%.
Everyone should be smiling.