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Jaime Carrasco's Top Picks: Feb. 5, 2021


Jaime Carrasco s Top Picks: Feb. 5, 2021
BNN Bloomberg
VIDEO SIGN OUT
FOCUS: Precious metals and North American dividend stocks
MARKET OUTLOOK:
Like a broken record over the last couple of years I have been telling investors to slowly build their allocations in precious metals using the two main investing rules of the late great Jesse Livermore:
1. It was never my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
2. Patience is the key to success not speed.
The main thrust behind this advice was the understanding that this market was being manipulated, and the historical fact that for 4000 years the precious metals have withstood the test of time in protecting investors from the negative consequences of central bank policies. History teaches that these have always resulted in monetary wealth destruction, greater income inequality and by default greater populist societal conflict. My speculation wa ....

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