Portfolio ownership of Gold is less than 1%
Gerald Celente, Founder of http://www.trendsresearch.com/, and Alasdair Macleod, of the GoldMoney Foundation, talk about how modern portfolio theory classes gold as a "risk" asset. They talk about the disdain for gold in mainstream financial circles and how gold buyers are disparaged and called names. Gerald talks about how gold saved him in times of trouble. He talks about his early experiences with gold in the 1980s and the mistakes he made and how the stage that we are in right now bears little resemblance to the 1980s.
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