Quote:
Originally Posted by tophcfa
Every investment is a gamble, that’s why it’s important to have a diversified portfolio with multiple asset with careful consideration of the correlation between each other.
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the current biggest risk to the US economy and the US stock market is the geopolitical risk with Putin and XI working together for their own interests, at the expense of everyone else. Secondarily, the other risk is the inability to curb govt spending growth, without any increase in taxes to pay for the growth. . .
Let's call this relationship
the DragonBear , and no one knows how it will end, but both are playing a game of attrition and distraction with specific targets and regions of growing influence desires. The game could change with kinetics, though a lower probability than more cyber based, grid or internet based constant chaos, and intimidation. . . any event in this space would definitely favor a percentage in gold.
If the government gets to a point where it has to borrow more through treasury funding vs
10% would be a good starting point in gold. . taxable account would not pay taxes on gains unless sold. .