Rob Luna
๐ค SpeakerAppearances Over Time
Podcast Appearances
You don't want all your eggs in one basket.
That's a pretty common saying, but it's true.
The question is, how do you diversify those eggs?
And so when you think about gold as an asset class, I think everybody should have between about 5% to 10% of their overall portfolio in gold.
So if you've got $100,000 total, $5,000 to $10,000 of that would be in gold.
I prefer...
using uh actual gold bars coins versus like the gld etf that you can access maybe that's second best or if you've only got a 401k and you have gld in there that might be the way same thing slv is an etf i'd rather hold the silver because it's just more of a hedge the challenge is that it's a little bit harder to get in and out of uh gold and silver there's very few places that do it there are some good ones out there but
Look, I think long term, it's a hedge.
If you're so inclined to be able to time it a little bit around inflationary periods when you think those are going to be happening, it tends to do a little bit better versus deflationary periods.
But arguably, with what we're getting into, which I think the Fed will have to cut interest rates a lot more aggressively than they're telegraphing, a lot more aggressively than even the market thinks, I think that is a really good backdrop for precious metals to continue to do well.
So it should be part of every portfolio, in my opinion.
Yeah, I mean, there's been period, I mean, it's always held up well during uncertainty, 2008, 2009, during the dot-com crash, during COVID.
Gold has held up exceptionally well.
So that's the thing I love about gold too.
Like I said, it's been around 5,000 years, but you just look at the last 100 years, there's a track record.
Unlike cryptocurrency, like we've only got 15 years of crypto.
When you think about data sets, and I'm very big on data, 15 years is nothing.
You can't make any determination
But gold has been very, very reliable over that period of time.
And I just think with tariffs, all the uncertainty that's going on, all the things that crypto was supposed to do and hold up well during, which it hasn't, I think to 2025, pretty much everything's down, right?