Can Precious Metals Make Your Portfolio Shine?

摘要: We extend earlier studies and present new evidence on the benefits of adding precious metals to U.S. equity portfolios. report five major findings related potential investing in either directly via commodity or indirectly equities. First, we find that a 25% allocation equities firms improves portfolio performance substantially. Second, our indicates an indirect investment dominates direct metals. Third, relative platinum silver, gold has better stand-alone appears provide hedge against negative effects inflationary pressures. Fourth, are strongly tied monetary conditions. Finally, while varied somewhat over time, they prevailed throughout much 34-year period. Overall, suggests investors could improve considerably by significant exposure firms.