Read an article about investors should have at least 20% of their portfolio in PM's, Good article.
Also saw a good interview about CBA.
CBA has failed to raise more than half of the 5 billion or so that it tried to raise.
A failed cap raising can only bring bad things for CBA as it will have to make up the short fall somewhere or have another cap raising and that will be negative for the SP and the dividends imo.
The interview went on to say that mostly the SMSF and individual investors stayed away from CBA cap raising as they already have too much exposure to Banks and they wont be taking on any more.
Not good for CBA at all.
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