I have invested $90,000 USD in gold mining stock - Barrick Gold and $35, 000 in gold ETF the total investment $125,000 USD. This is my largest investment ever in gold and gold stock.
This investment represent about 5% of my total portfolio. I will be increasing the proportion to 10%. So, I will be doubling my investment.
The US dollar is expected to weaken in the near future, due to the large fiscal deficit and the debt of the US government. The US stock market is at an insane level - i.e too high.
An expert, Ray Dalio, had advised diversification of the portfolio into global investments (i.e. do not be concentrated in the US). He also advised (I think) of the need to be in gold.
So, it is 10% of my portfolio for me in gold.
Tan Kin Lian