Investing in gold (GDL) is dangerous. It is easy to get carried away by the many bull theses and become a gold bug.
I am not saying it is not possible for gold to get to $5,000 or even $10,000. I am just saying that the investing theory might be right, but the timing might be wrong.
Therefore, portfolio exposure is crucial. The easiest way to approach this is to ask yourself whether your portfolio can handle gold at $600. If it can, and you are ready to add more, to have proper portfolio exposure in the unlikely case that happens, you have a well balanced exposure to gold.
In the video we discuss: