This stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’

MarketWatch/Jonathan Burton/10-3-2022

photo of gold bars atop a $100 bill“[Keith McCullough’s] investment-research firm’s economic models turned bearish on stocks and bonds at the beginning of 2022. Prices have since tumbled, but McCullough is still bearish. He’s now steering investors to defensive positions primarily in cash, the U.S. dollar, gold and income-producing equities.

USAGOLD note: Another name added to the lengthening list of market analysts recommending gold, but the first we’ve seen to recommend prayer.

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