The end of the age of speculation

Blain’s Morning Porridge/Bill Blain

Repost from 5-19-2021

cartoon of a hedge fund manager on the phone telling a client to buy gold

“Markets are full of noise about everything from inflation, risk, leverage and politics, but the reality is we are approaching ‘Peak Speculation’. It doesn’t mean a crash is imminent, but that investment strategies and approaches are going to have to factor in a new reality, and be far more suspicious, questioning and smart as a new reality takes hold. The consequences of QE and other factors that fuelled the speculative age could be with us for decades.”

USAGOLD note:  Buckle up. We might be in for a rough ride if we have truly come to the end of the age of speculation. More than one investor has stumbled upon diversification on the road to portfolio wisdom.

This entry was posted in Gold and Silver Price Predictions from Prominent Players, Today's top gold news and opinion. Bookmark the permalink.