Charles Schwab CEO says it might be wise to diversify with precious metals

Charles Schwab/Walt Bettinger, CEO/5-11-2018

“Of course, sometimes a negative outlook is justified, which is why it may be wise to diversify with defensive assets, including cash investments (such as certificates of deposit and money market funds), U.S. Treasuries and even precious metals. Such investments may not appreciate as rapidly as stocks during a bull market, but they have historically outperformed during a bear market.”

USAGOLD note:  Who’d a’ thunk?. . . . . .With thanks to John Rubino (Dollar Collapse) for the heads up.  Worth visiting the link for the rest of this short advisory that quotes an interesting statistic of which we were unaware. . . . . .

Repost from 5-29-2020

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