I have some gold (GLD), but not much - a little over 1% of my net worth, and about 2% of my non-retirement investments. I'd like to increase this position as an inflation hedge and to have something that is less correlated with the market as a whole, but I'm not sure how much I should have. My
My initial gut feel was to get up to somewhere between 5 and 10% of my net worth, but that's not really based on anything. Is there any general rule? Or at least what do you personally recommend?