What Smarter Minds Than Mine Think About Gold
by Adam Taggart, Peak Prosperity
If you’re long the precious metals, beatings like they’re taking today (gold down 4%, silver down 6%) can seriously shake your confidence. At times of self-doubt like these, I look to learn what people smarter than I are thinking; as there’s a good chance they’re seeing the big picture more clearly.
Over the past week, I’ve had a lot of good fortune to do just that. The bottom line? More than ever, the smart minds see fewer better options than the precious metals for preserving (and likely increasing) the purchasing power of one’s wealth.
Last Friday, Chris and I had the pleasure of spending the day with John Hussman, John Mauldin, Jim Chanos, Mike “”Mish” Shedlock and Michael Pettis the the Wine Country Conference in Sonoma, CA to benefit ALS Research. It was simply amazing to spend time in such rarified company and engage with each of these impressive thinkers 1 on 1.
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