Tag Archives: geographic diversification

Survival Podcast Interview Now Online

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Thanks to Jack Spirko of The Survival Podcast for interviewing me. We touched on a number of interesting topics about the Permanent Portfolio that we discuss in extensive detail in our book: The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy Here are some of the topics we covered today: Why diversification into assets you don’t believe in is still important The best ways to buy an asset like gold Geographic diversification in today’s world Gold storage in places like Switzerland and The Perth Mint Many more Here is the link to the show and you can also get it through Continue reading →

Will Overseas Gold ETFs Work for Geographic Diversification?

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Over on the Vanguard Diehard’s forum a reader asks about using gold ETFs for geographic diversification in the Permanent Portfolio: Call_Me_Op wrote: The basic Permanent Portfolio consists nominally of equal parts stock, LT bonds, cash, and gold. In addition, Browne advocated keeping “some assets out of the reach of your government”, meaning keeping some assets overseas. My question is this; I understand that certain gold ETFs store their allocated gold bullion in overseas vaults. Does placing the gold portion of the portfolio in one of these ETFs achieve the overseas diversification advocated by Browne? No ETFs won’t work that way. Continue reading →