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Stansberry Research
Jan 5, 2022
The Fed ceasing the bond purchasing is, “my biggest concern for 2022, where does the yield go and what impact does that have across all asset classes,” says Michael Gentile, Founding Partner and Senior Portfolio Manager at Bastion Asset Management. Having cash and owning gold are equally under-owned in the current state of this market, he tells our Daniela Cambone in this edition of Outlook 2022: The Tipping Point. With the cheapest valuation and having highly regarded fundamentals, “the mining sector is the most under-loved sector,” and a great place to redeploy capital. The Fed’s credibility has already been dramatically weakened over the past year, and they will have to make a pivotal choice in the coming months, Gentile concludes.
https://www.youtube.com/watch?v=WMZDdT0Z9pY
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