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forbes.com
🌐 75% Global Worthiness
Gold: A Portfolio Diversifier and Hedge Against Uncertainty
Gold's historical significance as currency and its low correlation with stocks and bonds make it a valuable portfolio diversifier; during the ten largest S&P 500 declines (average -28%), gold gained nearly 7%, highlighting its value as a hedge against uncertainty.
Gold: A Portfolio Diversifier and Hedge Against Uncertainty
Gold's historical significance as currency and its low correlation with stocks and bonds make it a valuable portfolio diversifier; during the ten largest S&P 500 declines (average -28%), gold gained nearly 7%, highlighting its value as a hedge against uncertainty.
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