Bart Melek is in agreement with having a strong “gold” position in your portfolio as a hedge. He expects gold to hit $1,600 by the end of Q3 2011. FYI, the Bullion Fund Deb and I hold is 1/3 Gold, 1/3 Silver and 1/3 Platinum.

Silver is strongly out preforming gold and being an undervalued industrial commodity it is expected to continue its growth as world economies strengthen (China, India, USA).

Platinum is the weaker sister but overall we have seen 22% returns for the last two years and the future looks promising.