All too rare, a commentary so compelling and who’s publication couldn’t have come at a better time, is released.
This is one of them here.
Don’t skip it. Soak it in and act accordingly.
Overall – The Trump honeymoon period stumbled during the holidays, but I think will remain a net benefit to the U.S. stock market to his “Coronation” on January 20th (and maybe as far as the end of the Summer). I do believe Trump’s enemies will only become worse as the year progresses, and resorting to serious violence would not come as a surprise. A far more defensive approach as the year moves on, but if you’re a chicken like me, there’s room in the foxhole now to be completely out of general equities not related to precious and base metals. I truly believe Gold will outperform both stocks and bonds again this year.
Grandich Model Portfolio (Not Investment Advice) – While I believe the U.S. stock market will end the year either side of unchanged (I’m not in the camp calling for a hard fall), I very much like owning Emerging Markets Ex-USA Funds (World Funds ex-USA), as they are far more attractive valuation wise. I especially like Chinese stocks (most are calling for them to go a lot lower- not me) over U.S. for all of 2025. If you’re going to own U.S. general equities, I would own only Equity Index Annuities, if not willing to go overseas for equity exposure
Bonds – I’m sticking with T-Bills and CDs, no longer than 18 months duration.
Gold – $3,000+ when, not if, in 2025. If conditions come more into focus, $4k is not out of the question.
Silver – Kissing sister status remains until clears $36
Copper – Favorite metal for 2025. $4 heading to $5+ in 2025
Mining shares – Major Gold producers will be printing money in 2025 with record free cash flow that can lead to huge increase in M & A.
Junior Resource Shares – One of these days…
BITCON – Never, ever, ever!
