'Real Money' Radio Recap: Gold Shines Through Selloff

Stocks may be selling off, but Aaron Task says gold is glittering.

Once again sitting in for the vacationing Jim Cramer on RealMoney Radio, Task told listeners that Friday's selloff is due to Dell's(DELL Quote) lowered guidance and may not be the end of the world. Still, it's a good opportunity to look at gold prices, which have been heading in the other direction, up more than 5% since last month to $445 an ounce.

"Armageddon is not around the corner," said Task, co-executive editor of TheStreet.com. "However, gold is a safe haven against financial distress and should be at least 5% of an investor's portfolio." ...