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just thinking here - i have not seen any posts discussing the possibilties of putting say - 5% of liquid assest in gold such as GDL or CEF? Not being a sophisticated nor seasoned investor,I wonder if this is a viable strategy to be safe?
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I wonder if this is a viable strategy to be safe?

Depends. What is YOUR definition of safe? What worry keeps you awake at night?

--Peter
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I assume you mean GLD, not GDL. This thread may interest you. Personally, I have never had much success with gold.

http://boards.fool.com/Message.asp?mid=27012755
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read the articles -very informative- thank you - maybe some just for diversification?
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