Jim Rogers returns for Part 2 of our interview with him and shares the assets he thinks will best preserve purchasing power through the bear market he sees ahead.
Michael Pento: These Are The Best Assets To Own For The 2023 Bear Market
Money manager Michael Pento returns for Part 2 of our interview with him about investing in the current bear market.
Michael thinks it could fall by an additional 30-60% over the coming year, depending on Fed policy response to inflation.
He continues to recommend investors own his “Four Horsemen of the Apocalypse” assets: cash, long USD dollar plays, equity shorts & bonds.
Bonds have had a terrible year. But he thinks the current environment is very favorablefor US Treasurys.
He’s also becoming increasingly bullish on gold and the precious metals miners.
For Hard Times, Own Hard Assets | Tavi Costa
Here in Part 2 of our interview with hard assets investor Tavi Costa, he shares the sectors that look most attractive to him right now: metals, energy (including uranium), agriculture & soft commodities. He also likes Brazil as market, and is actively shorting US ‘growth’ stocks.