Saturday , 2 November 2024

Where Should You Put Your Money These Days: Equities, Real Estate or Gold?

People don’t know where to put their money. [Those from Europe] don’t trust the euro system — they think the wheels might come off. They are buying physical gold. They are not buying equities. They are buying real estate and they are buying gold.

So says Pierre Lassonde in edited excerpts from an interview with King World News as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.

Lassonde concludes the interview (you can read the full interview here) by saying:

Personally, I’ve put some cash into the markets over the last couple of weeks because I think it’s just too good to pass.

Related Articles:

1. Germany Could Initiate the Collapse of the European Union Within Months – Here’s Why

As many of you know, my primary forecast regarding Europe is that the EU will be broken up and/or collapse within the coming months. The reasons for this are financial, monetary and political in nature [with much of the latter dependant on what happens in Germany. Let me explain.] Words: 516

2. Europe is Heading Off a Financial Cliff! Here’s Why & How to Protect Your Portfolio

Europe is heading off a cliff! From one end of the continent to the other, the numbers suggest a double-dip recession is striking with brutal force…and with the world as interconnected as it is these days, what happens in Europe WILL impact our companies and markets here so now is the time to position your portfolio to weather the storm. Words: 900

3. Precious Metals: Don’t Want To Play Anymore?

We suspect that many precious metals investors are saying, “We don’t want to play anymore!” and our reply is, “You mean you want to quit right now? Right at the bottom of this cycle? You must be crazy – and that is crazy with a capital C!” True, this is a very challenging market environment for resource shares, but we know what the ultimate outcome will be: higher share prices. The only question is “when” and our opinion is that we are very close in time (within days or a week or two at most) of being able to say that the lows are behind us. Let me explain. Words: 785

4. Gold is Not in a Bubble – Here’s Why

“Gold is in a bubble” is a comment that is usually made with little evidence to support this claim. Typically, the primary support is the fact that the Gold price has meaningfully risen over the last decade but citing a rising price is simply insufficient to draw such conclusions. [Let me explain.] Words: 534

5. Governments Are To “Blame” for Gold’s Present High – and Future Much Higher – Price

Is gold still cheap? No, gold left bargain territory long ago [but] we remain bullish on gold, not because we think gold is still cheap, but because we expect it to get a lot more expensive. [Why?] Because the world’s most important central banks and governments remain committed to a course that ends in catastrophe for their economies and currencies. [Let me explain further.] Words: 565

6. Gold’s Current Bull Market Will Be Even Bigger Than The One In The 1970s – Here’s Why

The fundamentals supporting a mania in gold and gold stocks are such that I think a strong case can be made [to support my contention] that the current bull market in gold is far stronger than the one from the 1970s. [I present below] the major observations I feel…support such a thesis. Words: 700