Gold As Portfolio Hedge Reaches Morningstar

In a Seeking Alpha article, in which it's said that Morningstar's analysts expect gold to remain range-bound through 2010, Paul Justice explains for the company why it's a good idea to put a small amount of one's portfolio into gold for hedging or insurance purposes. Instead of the usial 5-10% allocation, Justice recommends only 2% as part of a 5-10% invetment in commodities period. He favours a low-expense-ratio ETF like GLD for the purchase.