We met with Nick Barisheff, CEO of BMG Group, and fellow Seeking Alpha author, for his thoughts on the economy and the major investment asset classes . Our conversation included the following key topics:
Investment Classes:
- Discuss how GLD fund shares do not provide real claims on gold, and further how the fund uses leased gold whose ultimate owner is not the fund itself.
- Discuss the average investor portfolio in 60/40 stocks and bonds and what risk that brings in a deflationary market.
- Discuss the opportunity that mining stocks and REITs will present after a