Gold ETFs in a balanced 10 year portfolio

Browntrout_2

For the record the spot price of gold is $873 this morning, maybe it's all the price now, but if demand continues to exceed supply it's only got one way to go.

I don't think there is any asset allocation model that would recommend specifically gold, it is very specialist part of resources, so as a previous poster says, 5% to 10% in resources although I am over that at present.

Blackrock Merrill Lynch Gold and General does it for me.

HL Research - view on this Fund

This fund has had a phenomenal run this year. Although this fund invests in gold shares and is subject to movements in equity markets, it has nevertheless benefited from rising gold and commodity prices in general. Demand remains greater than supply and countries such as China are looking to diversify their foreign assets into gold which should serve the fund well.

cloud_dog

wombat42 wrote: »

the only thing is that the Gartmore and Juoiter dosh is in a protected rights policy and i plan to shift it to an H&L SIPP in October so I have the opportunity to select new funds then.

if the pension provider offers these two why not contact them and ask them to move the monies in to different [available] funds.

cloud_dog

Rather than starting a new thread thought I'd add to one (and randomly chose this one)

The below links to a very good interview with Paul Walker from GFMS and his take on the Gold cycle (moves a bit on to Platinum towards the end). His views come across as being very balanced and reasoned. Rather than reading it you can also listen to it.

http://www.resourceinvestor.com/pebble.asp?relid=40334

cloud_dog