One Major Firm’s Chief Investment Strategist Just Said It’s Time To Own Gold, Silver And Other Hard Assets
KingWorldNews.com
December 23, 2016
With continued uncertainty in global markets, today one firm’s chief investment strategist says it’s time to own gold, silver and “stuff stocks.”
A Return To “Real Assets”
December 23 (King World News) – Here is a portion of Raymond James Chief Investment Strategist Jeff Saut’s year-end letter to investors: “Another theme we think is surfacing is inflation driven by Trump’s potential fiscal stimulus program. Hence, a return to “real assets,” or stuff stocks, should have an increased weighting in portfolios. Verily, the price of real assets, relative to financial assets, is at historic lows…
Consequently, investors’ mindsets should be focused towards higher inflation, higher interest rates, and reduced disinflation. As an example, China’s PPI hooked up in September for the first time since 2012. We believe the same thing is happening here in the U.S.
The Rest…HERE
