by Chris Waltzek
GoldSeek Radio
Best-selling author Harry S. Dent Jr., says gold is far more appearling that US stocks on a valuation basis, noting: “I would buy gold over US shares any day of the week.” Thanks to Fed rate tapering, funds have been redirected into commodities, especially gold which is the top performing commodity of the 22 listed on the Bloomberg index. Our guest notes that gold is the best inflation hedge available to investors. Given that the future is rarely 100% knowable, a 10-20% gold / silver investment portfolio component is advisable. The recent stock market gyrations could indicate a crash is imminent, similar to the 2008 meltdown, but perhaps even worse. The host points out an oftentimes ignored benefit of gold / silver ownership – unlike cash in the bank earning negative interest rates around the world, gold does not carry a negative interest rate.