Money Wek/John Stepek/6-13-2022
“What’s interesting is that investors still feel that it should be possible to make money. There’s some other asset out there which can protect and earn money during inflation, just as surely as an S&P tracker fund has made you money during the last decade. I don’t think this mindset is very helpful.”
USAGOLD note: Stepek sees as in a new reality where not losing money in real terms will be seen as a victory. Adjust your thinking, he advises, from the return on you your capital to the return of your capital. He recommends gold along with a few other options.
