Rick Rule: Be prepared for the most volatile market of your life, and use that volatility to your best advantage.
James Turk: It is the same advice I have been giving for more than a decade; continue accumulating the precious metals, and if you are inclined to take the investment risk, the mining stocks as well. We need to recognize one salient fact: national currencies are being destroyed and their purchasing power eroded by misdirected government policy. Consequently, gold and silver are safe havens and the best way to protect your wealth.
John Hathaway: Have at least 10% of your liquid assets in precious metals and related mining stocks. Keep your bullion outside the U.S. A good way to do so is through Gold Bullion International, which can be accessed through their website. Unless you want to spend a lot of time researching the gold mining industry, consider investing in a well-managed precious metals mutual fund. There are a number, but I am partial to the Tocqueville Gold Fund, one of the top performers last year.
Charles Oliver: All the fundamentals – excessive government debt, high budget deficits, runaway healthcare costs, growing Social Security payments, demographic trends – lead to one conclusion: Governments are bankrupt and are going to debase their currencies via money printing, quantitative easing, off-balance-sheet transactions, and whatever other tricks they can pull off. The bull market in gold is alive and well and has a heck of a lot further to go. Buy it.
Adrian Ash: Next to overtrading, the biggest profit killer in gold this last decade has been to trust clever hedge funds trying to beat the metal. Sure, the best mining stock funds have delivered fantastic returns, but they struggled to outperform gold in 2010, and there's no certainty that will continue. But if you're right to buy gold for defense, then it’s best to simply buy and hold until the prime drivers – abysmal monetary and fiscal policy across the West – are reversed. Oh, and of course, be sure to visit BullionVault for a free gram of gold, too!
Ian McAvity: For individual investors, don't go crazy with leverage or portfolio concentration. No matter how much of a gold bug you are, keep in mind we're in a period where the mistakes (QE2 is one of them) will compound the second half of the ongoing financial disaster that started in 2007.
Ross Norman: For followers of cycles, 2011 looks like the year that the Kondratieff Winter begins to bite – a period normally associated with debt repudiation, trade wars, and firm commodity prices. A winter that puts Europe into hibernation, and the smart money acquires a protective coat. This is to say, buy gold, including the leveraged 2:1 ETFs. For the latest updates PRESS CTR + D or visit Stock Market news Today
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