Background and Adjustment Details
In his report titled 'Greed & Fear' published on January 15, 2026, Christopher Wood announced this strategic move. As a long-time crypto bull on Wall Street, his decision marks a significant shift in investment strategy.
History of Gold Allocation
Since its inception in the third quarter of 2002, the portfolio has always prepared for dollar depreciation, starting with 5% in gold and 10% in unhedged gold miners. By the second quarter of 2013, the allocation to gold and mining stocks rose to 50% and 20%, respectively, a position that lasted until the end of 2020.
Market Reaction and Analysis
This decision reflects a shift in investor preference toward safe-haven assets amid current market conditions. Gold, as a traditional safe-haven asset, is regaining popularity.