vik_c - 10:16 am on Oct 23, 2011 (gmt 0)
Gold is a good investment for times of uncertainty and as a hedge against inflation. You'll hear a lot of noise against it in the mainstream media from finance guys but that's partly because selling you a mutual fund or some exotic investment scheme gets them fat commissions while their brokerage on gold is tiny. With the amount of currency that's been printed in the US in the last five years, I'd say buy gold. It's also a hedge against the dollar decline. That said, sometimes gold won't move for years, so don't buy too much. It should be 5-10% of your portfolio, ideally.