"Have We Reached The Breaking Point?", page-73

I said Gold is hedge. If you want to make a lot of money, run a successful business & some money made hedge it on gold/other hard asset. So 10% gold portfolio max, it means when POG (bullion) fall 30% in the next 12 months, you only lose 3% of your entire wealth (bugger all)... you'll still see your business & property making money.

Better than spending 50% of your wealth on the latest home entertainment & HSV / SUV.... you'll see wealth depreciation by 50% within 3 years. That's what most people do.