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Jamie Dimon says it's one of the rare times that having gold in your portfolio is "semi-rational"
Fortune
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1 day ago
JPMorganChase CEO Jamie Dimon told Fortune Editor-in-Chief Alyson Shontell that “this is one of the few times in my life where it’s semi-rational to have some [gold] in your portfolio.”
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00:00
Gold, overvalued or undervalued?
00:02
I don't know. I mean, I'm not a gold buyer. It costs 4% to own it.
00:07
It could easily go to 5,000 or 10,000 in environments like this.
00:11
This is one of the few times in my life I'd say it's semi-rational to have some of your portfolio.
00:15
Asset prices are kind of high, so I'm not...
00:18
In the back of my mind, that cuts across almost everything at this point.
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