Perhaps the mainstream has finally figured out what I’ve been saying for a long time – inflation is ultimately going to win this fight. And when you have inflation, you want to have an inflation hedge!
If you are concerned that the U.S. could pull the "dollar rug" out from under you, why not pull out from the dollar system first? This seems to be China’s strategy.
Bottom line: If MSFT continues to pussyfoot beneath $430 and to fall further from the ‘Hidden Pivot’ with each selloff, investors had better prepare to pack up in May and go away.
Gold has broken out, and Silver is in the process of breaking out just as storm clouds (stagflation) gather on the horizon. Fear of the 2008 Boogeyman is very strong, but if you think precious metals will get hit, you are misreading the situation.
Once the GDX outperforms the S&P for a couple of quarters, there will be equity fund managers who will see this, and you will have a new kind of gold buyer. The outlook for gold stocks is very good.
The People’s Bank of China has added gold to its reserves for 16 straight months, adding over 300 tons of gold to its stash since it resumed reporting gold purchases in October 2022.
Risk-adjusted return and the set of investments we pursue can be optimized by blending best-of-class alternatives with a dividend growth equity portfolio.
Regulators will make any decision in a crisis environment, even unexpected and bizarre ones, which may often benefit their position rather than those whom they are designed to protect.
