Anatomy of Risk – Intellectual Reckoning Follow Up
By Julien B. Booth
August 6, 2019
Good Afternoon:
It has happened. Rates have crashed (bond prices up) since our note from last Wednesday.
The stock market woke up; bonds are sexy, and risk is real. Risk sure happens fast.
At this point, Gold and Long-term bond returns have now exceeded the S&P 500 for 2019 – with minimal volatility. Most people hate these assets.
Our metals-Gold hedge is working well. Mene.com and Goldmoney.com are performing well and inherently leveraged to Gold prices which are +16% for the past 3 months.
You are positioned and protected accordingly.
JBB
