Go For Gold
Disclaimer: Your capital is at risk. This is not investment advice.
AAA: March Edition;
The US banking system is in crisis. The Fed’s aggressive monetary tightening has resulted in the second and third largest bank failures in the history of the United States. Whilst the authorities have stepped in with guarantees and liquidity facilities, a credit crunch and recession are still on the horizon. We’re in an equity bear market, and the worst is yet to come.
Investors should protect their capital and diversify risks by holding more cash and buying gold, the only new trend amongst the strongest trending assets. Rent any equity market rally until May and tighten up your stop losses. Invest with caution. The priority is to avoid losing money.