It is obvious that we are in a recession, the question is whether this is inflationary or deflationary. The bankruptcies are deflationary, the massive QE's are inflationary. One asset that will do well in both environments is cash.
Posts tonen met het label permanent. Alle posts tonen
Posts tonen met het label permanent. Alle posts tonen
zondag 22 maart 2020
donderdag 12 december 2019
Permanent Portfolio
The permanent portfolio: gold, cash, stocks, bonds.
You should hold some of each asset class based on inflation/deflation, growth/stagnation.
You should hold some of each asset class based on inflation/deflation, growth/stagnation.
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