I’m not a doom-and-gloomer, just a realist: The Global Financial Crisis Is Not Over

Excerpt:

I’m not a doom-and-gloomer, just a realist. I’ve tried to find more palatable conclusions that are factually and logically robust, but there are none anywhere. I have young kids that I hope don’t have to grow up in the economic climate that my analysis suggests, but it is what it is.

I believe that a prudent, diversified investment portfolio should have at least 10% exposed to precious metals, including a core of physical metal. Then I hope I’m wrong! My analysis suggests that the 10% allocated to precious metals will be more valuable than the rest of today’s portfolio, sometime in the not-too-distant future.


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