A few days ago, I received a call from one of our customers. He was very concerned about declining precious metals prices.
Mr. F. is a very smart high-net-worth investor, not someone you’d expect to worry about temporary trends. But I understand—none of us like to see red ink on our monthly statements.
Whether it’s precious metals or any other investment, it is always good to re-evaluate our investment thesis for buying and holding that asset.
In this case, we should ask ourselves: Why are we invested in precious metals? Does our thesis still hold or is there a good reason to sell now?Read More