Gold and silver must be a part of all portfolios as a hedge or insurance policy, advised Puru Saxena, CEO of Puru Saxena Wealth Management, on CNBC Asia Pacific's Protect Your Wealth, adding that the summer months would be a good time start accumulating the precious metals.
Saxena explained that gold and silver are currently in a "circular uptrend" against paper money, as governments "commit themselves" to destroying the value of their currencies.
"As long as inflation continues all over the world, gold and silver and likely to do well. Miners, which produce the metals, are extremely highly leveraged to the price of gold and are likely to have a very good future over the next three or four years," he added.
Saxena believes every investor should allocate five to 10 percent of their net worth in physical gold bullion, bars or coins, either physically in a safety deposit vault or an exchange traded fund that carries physical gold.