Investment sales Hoorang can be hard to resist, but self-preservation requires that we do. Never more than amid today’s everything bubble, where mania has ballooned the pricing of many assets all at once, from stocks to high-yield credit, private equity, credit funds, real estate, crypto, and precious metals. I have long said that people should hold bullion if it makes them sleep better, but to keep the amount as a set ratio of other assets and remember that it’s a bet against the value of everything else we own. I offered all of my thoughts on the topic in this 2011 article: A Word to the Gold Bugs. And the points ... (full story)