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Re: jufel post# 293

Friday, 09/04/2020 11:51:59 AM

Friday, September 04, 2020 11:51:59 AM

Post# of 363
jufel: His site, TFMetalsReport, has a paywall. But if you have any meaningful exposure to precius metals and the mining stock I highly recommend getting a subscription. It is a bargain. You get at least 5 podcasts a week. You can track Craig's personal portfolio. And there are often extras like weekend interviews, etc. I think it was $149 a year when I signed up. I listen to Hemke religiously. Peter Schiff also. And a few others. At the moment I have 85% of our net worth in gold, silver, and mining stocks. A crazy overweighting. But there are extraordinary times and the old rules no longer apply. Holding 60% of your portfolio in bonds is suicide at current interest rates vs inflation. You lose significant ourchasing power every day you hold them. And general equities are in a bubble, even after this 2 day sell off. And real estate in most areas of the country are overvalued if you look at the relationship between price and incomes. We just sold our house because there was such a feeding frenzy going on. We couldn't resist selling into this hot of a market. All fueled by artificially low interest rates. Those rates cannot last forever.
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