, Gundlach said: "This is a really huge buy signal — on a valuation basis — for commodities," adding "maybe it will be a 2021 event. But certainly, valuation is on your side."
Here's the chart Gundlach provided to explain his thinking. It compares the performance of commodities to the Dow Jones Industrial Average, and shows they have cheapened to "radically undervalued" levels.Under that umbrella of thought, Rogers has been scooping up. Although the former is the best-performing major asset year-to-date with a 14% gain, Rogers sees more upside due to the uncertainty that still clouds the pandemic.
"I'm buying gold and silver again," he said. "Throughout history, when you have people lose confidence in governments or money, they buy gold and silver."" recently. Although Rogers didn't relay specific companies he had added to his portfolio, investors looking for broad Russian and Chinese equity exposure might consider the VanEck Vectors Russia exchange-traded fund (
That’s the insider’s job.
No wonder his comments... he can send some of those gains to support anrifa
Has been.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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Source: BusinessInsider - 🏆 729. / 51 Read more »