“I see gold as a solution to many of the issues I’ve laid out, whether it’s recessionary spillover from Germany, high debt levels or helicopter money. I’m not alone in thinking this. In a September report, the World Gold Council (WGC) calls the yellow metal ‘the most effective commodity investment,’ adding that ‘allocations of 2 percent to 10 percent in a typical pension portfolio have provided better risk-adjusted returns than those with broad-based commodity allocations.’”
USAGOLD note: Holmes goes on to make an important point. The very small slice of global capital now devoted to gold among major players leaves room for significant expansion in the future.