is putting 20% of your portfolio into gold as a hedge in case the dollar takes a shit just a meme?
If the dollar takes a shit your gold wont be worth much.
>>1655943
no stupid move atm gold does not look good short term. usd does.
>>1655943
Find good shorts, those will hedge well. Many hedge funds will put 50% of their capital long and 50% short to get constant growth as opposed to being depended on the market for growth.
if you earn your salary in usd what are you even heding against with gold? if i would earn euros i would hedge but not with usd atm, no way.