Gold as Chaos Insurance | Mike Larson
Mike Larson is in no way a gold bug, but see's a great deal of value in the precious metal. Unlike those who see danger around every corner and investment in gold as the only solution (gold bugs), Larson has highlighted numerous economic disruptions and see's gold and precious metals investing as an opportunity to outperform. While gold, silver and the precious metals sector offers no yield per se, with negative interest rates in Europe and 1% yields on Treasuries in the US, gold is attractive. With geopolitical risk, Coronavirus and other potential market disruptions, gold is making its case as a source of chaos insurance, Larson says.
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