I am bullish on the stock market, but I heard something from a couple of investment bears at the annual FreedomFest conference last week that may point to a new opportunity to earn precious profits.
The annual event just concluded Saturday night in Las Vegas, and one of the panel discussions that I found to be especially valuable was the debate between the bulls and the bears about the future direction of the stock market. Even though the gloom-and-doom stock market forecasters failed to sway me to their side, I found at least one of their ideas worthy of serious consideration.
As a hedge against a possible stock market pullback and the risk of inflation, gold is an alternative asset that you may want to buy. I personally think owning precious metals such as gold and silver coins with a small percentage of your assets is a smart way to diversify your assets generally. But the market’s advance during the past couple of years enhances the appeal of owning precious metals.
Read more about how you can use the sentiments of market bears to bolster your bullish position at Eagle Daily Investor.