Housekeeping: Good afternoon.1
***Sunday 2pm Michael Oliver Joins the GoldFix Founders Discussion to talk Gold, Silver, Stocks and more. Link here. ***
The report is focused on:
Client pushback to Hartnett’s B-I-G play
Clients think Trumps deficit reduction plan buckles in stock selloff.. hence they stay long US Stocks, only rent (don’t buy) the ”I” in BIG, and they don’t see recession, thus small “B” allocation.. no negative pushback on Gold2
Constructive on Gold: kind of making him right on prudent risk hedging..
Comments: Stocks, like Gold, ignore rates nobody buying bonds to hedge stocks now.. they’re buying gold…… 60-40 new era
Gold is The New Bonds
Our new portfolio allocation should be 20% cash, 20% commodities, 20% bonds and 40% stocks. Pozsar June 2023
Special audio clip explains the title….
