Diversification cannot shield portfolios from global recessions, geopolitical shocks, or widespread market downturns. These risks require complementary strategies, such as hedging or tactical asset allocation, to mitigate their impact. Commodities such as gold, crude oil, and agricultural goods offer diversification by responding differently to macroeconomic conditions than stocks and bonds. Gold is particularly valuable during… Continue reading Available for Sale Securities: For Sale or For Keeps: Understanding Available for Sale Securities in OCI