Gold is a controversial commodity because it’s not really a real commodity.  I mean, who consumes gold?  Either way, gold does serve a purpose and that is to protect your portfolio against inflation.  With all this money being pumped into the economy I have to believe that eventually we’re going to get some inflation and in that case you’ll want to buy some gold.  The easiest way to put some gold in your portfolio is with the GLD exchange traded fund.  You can purchase it just like you would any other stock.

Having said that, I’m not sure that now is the time to be buying it.  After the run we had last year gold has been in a downtrend and until that trend breaks I would just sit back and watch.  Keep an eye on More >