I'm half blind from reading endless advisories, magazines and newspapers. Some of them promise endless years of good times, but unfortunately always along with 2-4% of inflation, which of course is a hidden tax. Other advisories promise many years of bad times ahead.
Over 60 years of writing, I've always depended on the stock averages to provide me with early warnings of trouble ahead. With central banks manipulating, I can no longer trust my standard reading of the markets. After a lot of thought, I've decided that the wisest course is diversification.
Here's what I suggest: 25% in Gold, 25% in DIAs, 50% in Cash. For bold investors, it may soon be time to consider an investment that will benefit from the market going down, such as buying puts on the SPY or an inverse fund - which moves in the opposite direction of the daily change in the index. Neither of ... Log in or subscribe to continue reading.
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