History
A defensive variant of Harry Browne's four-regime portfolio.
Philosophy
Emphasize monetary-asset protection while keeping stocks, bonds and cash in the mix.
Permanent / All WeatherAll weatherReal assetsDefensiveLow complexity
Gold Heavy Permanent Portfolio
A Permanent Portfolio variant that doubles the classic gold sleeve.
Asset allocation
Stocks
20%Long Bonds
20%Gold
40%Cash
20%Implementation
Local products and proxies
🌐 Gold Heavy Permanent Portfolio implementation
Long-term individual investor
Use broad, low-cost funds or ETFs matching each asset class.
Account notes: Implementation depends on local account types and tax wrappers.
Costs: Prefer low-cost, liquid vehicles.
Rebalancing: Annual rebalancing or tolerance bands.
Tax: Country-specific tax treatment should be reviewed before implementation.
Product names are implementation examples for research. Availability, taxation, share classes and suitability should be checked with the investor's broker and tax situation.
Similar portfolios
Adjacent ideas in the atlas
Permanent Portfolio
Harry Browne’s four-regime wealth preservation portfolio, built to survive prosperity, inflation, deflation and recession without relying on forecasts.
Stocks25%
Long Bonds25%
Gold25%
Cash25%
Open atlas entry
Desert Portfolio
A defensive Permanent Portfolio-inspired allocation that reduces cash and increases exposure to stocks, long bonds and gold.
Stocks30%
Long Bonds30%
Gold30%
Cash10%
Open atlas entry
European Permanent Portfolio
A European implementation of the Permanent Portfolio using European or global stocks, government bonds, gold and cash.
European Stocks25%
European Bonds25%
Gold25%
Cash25%
Open atlas entry
Golden Butterfly
A balanced portfolio combining growth, stability and real assets with a strong tilt toward small-cap value.
US Stocks20%
Small Cap Value20%
Long Bonds20%
Short Bonds20%
Gold20%
Open atlas entry
Permanent Income Portfolio
A Permanent Portfolio variant that adds a dedicated dividend and REIT income sleeve.
Stocks20%
Long Bonds20%
Gold20%
Cash20%
Others20%
Open atlas entry