How many ounces of gold should you own?

Some analysts recommend allocating five to ten percent of their portfolio to gold and silver. Others suggest allocating up to 25 percent. So how much gold and silver should you have? It depends on your situation and your needs. The assignment will be different for each person.

To help you decide how much gold and silver you can consider owning, we have compiled information from across the country. Of course, this list doesn't include everything, and there are other considerations to keep in mind as well. In terms of what financial professionals can recommend, we've seen numbers ranging from 1 percent to 20 percent. Where one can be within this spectrum depends on a number of factors.

That said, many so-called “experts” recommend investing in stocks, with an investment of 30 to 40% in precious metals. Usually, it is said that between 10 and 20% of that must be in gold and silver each, although that is up to you. This assignment can be a little more confusing when considering platinum, palladium and other metals as well. To fully understand the purpose of gold, you have to look back at the beginning of the gold market.

The history of gold in society began long before the ancient Egyptians, who began to form jewels and religious artifacts. However, it wasn't until around 560 BC. C. that gold began to act as a currency.

At the time, traders wanted to create a standardized, easily transferable form of money that would simplify trading. The creation of a gold coin stamped with a stamp seemed to be the answer, since gold jewelry was already widely accepted and recognized in various corners of the earth. Gold stocks generally rise and fall with the price of gold, but there are well-managed mining companies that are profitable even when the price of gold falls. And again, gold is money, so when you see it more like money, you start to realize that buying a gold coin isn't just a nice part of the story, it's actually something you can use to protect your standard of living.

Gold bars are especially valuable, since their value depends on gold as a precious metal. The first step in determining the “correct amount of equity insurance needed to survive a monetary failure” is to identify a realistic dollar price of gold based solely on the actual supply of foreign exchange and the amount of gold held by the US Treasury and global central banks. In short, this act began to establish the idea that gold or gold coins were no longer needed to serve as money. Investors treat gold more like a currency than silver, a metal that has far more industrial uses than gold.

Investors can invest in gold through exchange-traded funds (ETFs), buy shares in gold miners and partner companies, and purchase a physical product. In Adam Fergusson's book When Money Dies, he notes that Germany passed a law on February 14, 1924 called the “Third Tax Ordinance” that revalued existing mortgages to 15% of their original gold price based on the price of gold (in German marks) on the exact day and year in which the mortgage originated. That means that the dollar TODAY is overvalued against gold by a similar amount and, therefore, anyone who buys gold TODAY buys it at a sharp discount on its real value. Government title to all gold coins in circulation and put an end to the minting of any new gold coins.

But the prize he won, they hold these contests where you're really looking for gold, and they put some gold in the bottom of a half-barrel type contraption, and everyone looks for it and whoever finds the gold first wins.

Marvin Rauser
Marvin Rauser

Subtly charming food trailblazer. Passionate tv advocate. Hardcore social media junkie. Freelance pop culture lover. Certified web maven. Subtly charming web practitioner.

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