I’m sure that most of sophisticated investors own a portion of their investments in gold (or silver), because the risk involved to these commodities it’s very different than other assets, such as stocks or even bonds.
As the risk is lower, you can expect that return should not be a great thing; but, in the context of a portfolio strategy, it’s an excellent long term investment.
No, It will come down in a few years.
If you treat it like a stock pick you would be buying at an all time high.
I’m sure that most of sophisticated investors own a portion of their investments in gold (or silver), because the risk involved to these commodities it’s very different than other assets, such as stocks or even bonds.
As the risk is lower, you can expect that return should not be a great thing; but, in the context of a portfolio strategy, it’s an excellent long term investment.