MoneyWeek/John Stepek/4-9-2022
“So investors have to contend not just with rising inflation, but also with a less predictable Fed. That’s not an easy environment to invest in. So stick to tried and tested principles: buy cheap and buy stuff you understand. Novelty is out, and old-fashioned investing is back.”
USAGOLD note: For the old-fashioned portfolio, gold remains a tried and true alternative for hedging a variety of negative circumstances. Even as bond prices have dropped, a circumstance that has historically corresponded with lower gold prices, “gold has performed well,” writes Stepek. They have now decoupled, he says.
