Will GLD Resume Its Decline?
“I like to think of the gold position as a kind of stock insurance,” CNBC’s Jim Cramer says in a Dec. 30 lesson in investment diversification. “Now, would you want a home without homeowner’s insurance? No. You wouldn’t own a car without car insurance. You shouldn’t invest without some gold exposure because gold pays off when everything else fails.”
Jim Cramer does recommend the largest gold exchange-traded fund, however Cornerstone Asset Metals believes your primary long-term gold holding should be in physical bullion under your control. Unlike gold bullion, ETFs are susceptible to external counterparty risks.
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» Gold is an asset class and must be owned – Jim Cramer
Contact Cornerstone Asset Metals today to learn more about buying silver as an investment.
Past performance is not an indication of future potential values.
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