Gold, bitcoin rising: Do they belong in your portfolio?

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Gold Futures News

Jared Blikre,Wall Street

Gold futures (GC=F) and bitcoin (BTC-USD) have been on the rise within the past six months, garnering a lot of attention from Wall Street as uncertainty and ...

) have been on the rise within the past six months, garnering a lot of attention from Wall Street as uncertainty and volatility have increased in markets. While these assets might seem like a great addition to anyone's portfolio, is now the time to buy in or is there more than meets the eye?Watching gold prices sitting above $2,300 as investors await this week's inflation print.

Now, crypto rewards are decentralization. This is a huge plus that somebody who might reside in a country where they don't have the ability to hedge their currency risk, they can buy Bitcoin, maybe. Sometimes, you might have to do it through a specialized dealer or through a VPN account, but it is possible and it gives options. But I should also say that's the same ability that it gives criminals to use it for nefarious purposes.

Storage and insurance, you've got to store this stuff. And you've got to pay somebody to protect it, whether you're a sovereign nation or you're an individual investor. So storage and insurance are definitely risks to consider.

 

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