Gold Q&A With John Butler – How To Allocate, Dollar Cost Average, Rebalance and Store Where?
- Global Economic Outlook
- History and Role of Gold in Portfolios Today
- Asset Allocation – Higher Allocations to Gold Justified
- Dollar Cost Average – Need to Front End Financial Insurance
- An “ETF Is No Substitute for Physical Allocated Gold in the Vault”
- Switzerland, Singapore and London are Safest Places to Store Gold
- Q&A
Global Debt to GDP – New GFC and Currency Reset Likely
Butler believes that since the end of the Bretton Woods monetary system, there is a strong case for having higher allocations to physical gold. He warns of the risk inherent in gold ETFs due to the levels of legal indemnifications.
“If you read the prospectuses carefully” the gold ETFs are “subject to various forms of force majeures and unforeseen circumstances” and “the gold is not even fully insured.”
“They could be susceptible to fraud” and “there may be no recourse.”
Hence the importance of physical, allocated and segregated gold “outside the banking system”.
The webinar had the ever popular ‘question and answer’ section which is always well received and saw some interesting questions from the participants. Some of which included:
Q: How should an investor approach portfolio rebalancing and gold, should it ever be sold down?
Q: I am a 65 year old retiree. I have much of my pension in stocks and small amount in physical coins (2%), should I buy the Gold ETF and if so what is a good allocation?
Q: If rates start to rise in 2016, what will gold do?
Q: What do you see as the greatest threat to the world economy over the next 5 years, systematic, market, geo political?
Q: Where is the safest place to store metal?
The webinar is a must listen for anyone who owns gold or is considering allocating funds to gold.
John Butler is now a consultant for GoldCore and advising high net worth and family offices with regard to allocating funds to physical gold and institutions with regard to offering their clients precious metals services.
Butler has worked as a global investment strategist for more than 20 years and has advised many of the world’s largest institutional investors, sovereign wealth funds and central banks. He is giving the opening address at the Precious Metals Symposium in Sydney Australia on October 26th and 27th.
He is giving keynote addresses at the Mines and Money Conference in London and at the Gulf Financial Forum in December. He is available to meet to discuss optimal strategies to allocate funds to the gold market today.
Watch Video of the Webinar here.
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