The Sky is Falling; Let’s Buy Gold!
A few years ago, we had a client with a sizable amount of gold coins stashed in a safe deposit bank. Now with gold hitting all-time highs this year, clients and acquaintances are asking if we think gold should be a part of their portfolios. I’ll be blunt: if you think the world is going to hell in a handbasket, spend your money “prepping” rather than buying gold. If you’re right about the end of civilization, you’ll be glad you took my advice. If you’re wrong, you can probably still sell your guns and ammo for more than you paid for them. (So it’s sort of like buying gold but with more usefulness.)