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>How is this guy wrong in hedging against the declining dollar and rising price of commodities? At a time when all central banks are de-dollarizing and buying g
by itsoktocry 3y ago
>How is this guy wrong in hedging against the declining dollar and rising price of commodities? At a time when all central banks are de-dollarizing and buying gold, wouldn't this be the perfect hedge?
How could he be wrong about a strategy that bankrupted him? What does the market tell you? I see the DXY on an upward path for 20 years.
De-dollarization is overblown.
>I know for a fact that most fund managers (at least in India) have been converting as much as 10-20% of their portfolios into gold and other commodities.
10-20% of a basket of various commodities is a pretty standard allocation, if a bit high. It's certainly not some major defensive hedge.