by Chris Waltzek
GoldSeek Radio
Louis Navellier of Navellier & Associates, returns to the show with must hear market commentary. The gold bullion aficionado prefers real money over currency, which carries a negative interest rate. The precious metals will remain essential core holdings for every investment portfolio, as long as central bankers continue to follow their modus operandi of monetary debasement, worldwide. He recommends that investors follow the steps he’s taking to insure his personal portfolio, by increasing their allocation of gold and PMs shares. The perma-bull is less sanguine on US equities, amid sagging sales / earnings news. While the major indexes tread water, many top flying blue chips are showing signs of distress. Although small-cap stocks are red hot, much of the excitement is due to low floats amid a short-covering rally.