If Dalio's thoughts are a road map, then Gold is a necessity. In recent months, I have done well with GLD and AUMI (gold miners), but not with much else (except for European defense industry stocks, not much of a surprise but well dependent on geopolitical issues -- if Russia folds, then watch that bubble burst). Anyway -- thanks for the good article!
Yeah, maybe gold is a bit stretched in the short term, but I still have a bullish view on it for the long term given the unsustainable debt cycle and fiat system we're in at the moment.
If Dalio's thoughts are a road map, then Gold is a necessity. In recent months, I have done well with GLD and AUMI (gold miners), but not with much else (except for European defense industry stocks, not much of a surprise but well dependent on geopolitical issues -- if Russia folds, then watch that bubble burst). Anyway -- thanks for the good article!
Yeah, maybe gold is a bit stretched in the short term, but I still have a bullish view on it for the long term given the unsustainable debt cycle and fiat system we're in at the moment.