Don’t blindly buy index funds and assume they will recover as they did in the past. Don’t get caught in a buy-and-hold, traditional 60/40 portfolio. Run away.
Finally we have something to say about it: The Fed decided to cut rates, and they cut rates by 50 basis points. Gold responded in true form and touched another record high.
On the latest Money Metals podcast, Mike Maharrey talks with Greg Weldon, CEO of Weldon Financial, about inflation, central bank policy, consumer debt, and the BRICS-led global shift.