The world economy is on the brink of a recession and many investors are looking for ways to safeguard their assets and riding out this period of uncertainty. For one expert in the investment field, Adrian Day, there is a strong possibility that a “soft landing” and avoiding a recession won’t be in the coming cards, making it that much more imperative to be prepared for the worst.
According to Day, this impending recession is unlike anything we have seen before in the recent years. Factors such as Central Bank policy, Hegelian culture and higher taxes are all expected to weaken global growth even more, making the situation all the more dire for the average investor.
Given the current climate, Day believes it is now more important than ever to assess the investments one makes in different asset classes and make sure that they are diversified properly. He also recommends that investors look to gold as a stable and re-allocation tool.
This recommendation comes after noticing an increase in gold prices as the dollar has begun to depreciate against other currencies. This is a trend that could continue further if the dollar continues to weaken.
Day also comments that despite gold being an asset class with an inverse correlation to the U.S. Dollar, its demand still remains strong during times of crisis. This is due to its long-held status as a safe-haven asset and Day states that investors often flock to it in dire times.
Finally, it is important to note that Day does not believe a “soft landing”will be upon us. He strongly advises that investors should prepare now and utilize gold as a strong re-allocation tool throughout this period of transition and uncertainty.
Overall, under these tumultuous times, it is paramount for investors to make the right choices and ensure that the investments they make are both safeguarded and have the potential for growth in the future. With Adrian Day’s advice taken into consideration, gold should be an integral part of investors current and future portfolios.
The world economy is on the brink of a recession and many investors are looking for ways to safeguard their assets and riding out this period of uncertainty. For one expert in the investment field, Adrian Day, there is a strong possibility that a “soft landing” and avoiding a recession won’t be in the coming cards, making it that much more imperative to be prepared for the worst.
According to Day, this impending recession is unlike anything we have seen before in the recent years. Factors such as Central Bank policy, Hegelian culture and higher taxes are all expected to weaken global growth even more, making the situation all the more dire for the average investor.
Given the current climate, Day believes it is now more important than ever to assess the investments one makes in different asset classes and make sure that they are diversified properly. He also recommends that investors look to gold as a stable and re-allocation tool.
This recommendation comes after noticing an increase in gold prices as the dollar has begun to depreciate against other currencies. This is a trend that could continue further if the dollar continues to weaken.
Day also comments that despite gold being an asset class with an inverse correlation to the U.S. Dollar, its demand still remains strong during times of crisis. This is due to its long-held status as a safe-haven asset and Day states that investors often flock to it in dire times.
Finally, it is important to note that Day does not believe a “soft landing”will be upon us. He strongly advises that investors should prepare now and utilize gold as a strong re-allocation tool throughout this period of transition and uncertainty.
Overall, under these tumultuous times, it is paramount for investors to make the right choices and ensure that the investments they make are both safeguarded and have the potential for growth in the future. With Adrian Day’s advice taken into consideration, gold should be an integral part of investors current and future portfolios.
