Warren Buffet buying Gold, selling Banks
Gold seems to move towards an integral part of any diversified portfolio. Ray Dalio‘s All Weather portfolio has 7.5% in each Gold and Commodities (blue line).
Deni Memic New Gen portfolio suggestion (red line): Increase Gold to 10%, add 5% of ^VIX, remove Commodities (ceteris paribus) and you get an out-performance compared to All Weather portfolio and total US stock market, measured from 2007 onward (CAGR, Sharpe ratio, Sortino ratio, max drawdown all on more favorable levels).
