Everyone should own precious medals. It acts as a hedge against the worst case scenario. Maybe you have heard that precious medals are worthless and serve no purpose. This simply isn’t true (I plan on getting into the reasons in future posts – but for now, jus scour the internet, there are a lot of smart people out there with validating reasons for gold/silver value). Maybe you hold something like 2% of your portfolio in PMs. That’s ok, its something and it protects you a bit from the worst case scenario. If you are particularly pessimistic, you may want to hold up to 25% of your assets in physical PMs. All fiat currencies are doomed, its just a matter of timing. Don’t take it from me, just take a look at history!