Protect your wealth with gold

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 Protect your wealth with gold

If a large part of your savings is in the stock market — as it should be — you’re already aware that what goes up can also go down, sometimes by a lot.

You can’t control the stock market, interest rates or the world economy. But you can hedge against uncertainty by having other types of investments.

The oldest and most ubiquitous hedge against uncertainty is gold. It’s been used for thousands of years to protect against everything from inflation to currency devaluation to political risk.

Don’t go overboard; most pros advise putting only about 10% of your portfolio into the Midas metal.

And keep in mind that not everyone in the gold business is on the up-and-up. Be careful whom you deal with.

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