FYI: I’ve long been a believer that, for those few with the intestinal fortitude, a precious metals and mining fund can be a small part of one’s portfolio. Since the late ’90s, the Vanguard Precious Metals and Mining Fund (VGPMX) has been a part of my portfolio.
The extreme volatility and low correlation to stocks add diversification, and rebalancing maximizes gains from those chasing performance. I’ve written on the contrarian case for precious metals and mining as well as warned against it after surges. It’s all about volatility.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/why-vaneck-miners-etf-better-pick
