The gold market continues to show robust fundamentals that support prices at record highs near $4,200 an ounce. However, one thing the market is lacking is sellers, as many investors see no urgency to take profits amid this strong momentum. In a recent interview with Kitco News, John Merrill, founder and CIO of Tanglewood Total Wealth Management, said that gold currently represents about 12% of his total portfolio — an overweight position compared to his target allocation of 10%. Merrill explained that he has been bullish on gold since 2023, initially starting with a 5% to 6% allocation. He added that he has ... (full story)