Page 10 - What is the Squad List?
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But the diversification means I also want some exposure to a few others such as silver, copper and uranium.
So commodities look interesting....but let’s take a closer look at gold, the backbone of my portfolio. Why do I like that so much?
There are really two reasons. The first is that I see it as potentially a good investment and the second is that it might also be a form of insurance.
Let’s cover these two points.
In terms of an investment, I want you to take a look at two things. The first is a chart overlaying the current boom with what happened in the late 1970s and early 1980s. As you can see, if history were to repeat itself, the gold price (the red line) could do very well.
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