April 16, 2025
Although this is NOT investment advice, I believe that Trump’s on-again, off-again tariffs are damaging the world’s economy and could lead to a business recession in 2025, or even something worse, as Fund Manager Ray Dalio suggests.
Everyone needs to make their own investment decisions with the help of their own investment advisors and stock/bond brokers.
For me, I continue to follow the wisdom of Warren Buffett and maintain a sizable cushion of funds in short-term Treasury Bills.
Like Buffett, I do not trust Crypto even though it has the backing of the Trump Administration, which plans to build a Crypto reserve for the US Treasury. I would also keep an eye on the stock MSTR, which to me may be a Ponzi scheme, borrowing money to buy Bitcoin. Reminds me of the Hunt Brothers’ attempt at cornering the Silver Market in the late 1970’s early 1980’s.
However, contrary to Mr. Buffett’s thinking, I do like Precious Metals stocks, (Gold & Silver) during a period of economic uncertainty.
I continue to like having some percentage of investments in Gold and Silver related stocks, and think as the politicians talk about adding Trillions to the National Debt, we could see Gold at $3,500/oz sometime this year.
But that is my opinion, and again everyone needs to consult their own advisors before making any investment decisions. As all of my opinions are subject to change without any prior notice to my readers.
Stay safe.