Daily Reckoning Contributor

In today’s “video essay”, Capital Account’s Lauren Lyster asks Rick Rule if now is a good time to hold cash in addition to physical gold, and when it might be advantageous to transfer your holdings across asset classes. Take a look below…

Editor’s Note: The production team over at RT will actually be here in Vancouver all week covering this year’s Symposium. Each day on Capital Account, Lauren Lyster will interview a different presenter from the event. To check out these interviews live, just go to the RT site, click the red “Live” button at the top of the page, then click “RT America On Air”.

Daily Reckoning Contributor

The Daily Reckoning occasionally features commentary from financial analysts, experts, gold bugs, economists and an array of contributors from various fields and occupations. Their diverse insights and contrarian investing ideas are hand selected by your Daily Reckoning editors.

 

  • gman

    so “cash will give you the courage to take advantage of psychotic breaks in the market”, and he’s “suspicious” that “holding cash will give you the courage you need to take advantage of a volatile market.”

    really? in a volatile psychotic market you’re gonna plunk down cash in the hope that the volatile psychotic market then STOPS being volatile and psychotic?

    in addition to cash courage may I suggest jack daniels. about a fifth should do it.

  • Samsonov

    It’s far from clear what Rule means by “holding cash”. What percentage of the portfolio? How long? For what purpose, courage? Courage for what….oh, never mind, no usable information or perspective here.

    I prefer the clarity of David Stockman, who says outright that he’s 100% cash because the market is going to crash.

  • http://www.insider-dojave.com najsigurnije dojave su dnevni tipovi 100% sigurnost sms tipovi kladionica

    Hi! I’ve been reading your web site for some time now and finally got the courage to go ahead and give you a shout out from Houston Tx! Just wanted to tell you keep up the fantastic job!

  • Rick Rule

    Rick Rule
    I would never advise against Jack Daniels, at the end of the trading day. My experience has been that people who maintain the discipline to keep cash reserves in bull markets often have the resolve to deploy it in bear markets when great goods are on sale.

Recent Articles

New Hope for Type 1 Diabetics

Stephen Petranek

Stephen Petranek explains how the blood pressure medication, Verapamil, could be used to do big things for sufferers of Type 1 diabetes. Click here to see why some are calling this a sign of hope...


It’s Time to Trade Shale Stocks

Greg Guenthner

I consider this trade a mean-reversion play. We're not hanging around if it doesn't work out--and I certainly don't think these stocks will regain the momentum they had during last year's monster run. This is a short-term trade, OK? But a little disbelief rally can hand us some quick double-digit gains.


Extra!
Record Numbers Renounce U.S. Citizenship — Here’s One Alternative

Peter Schiff

Fact: More Americans than ever before are choosing to give up their citizenship. If you’ve been finding America’s tax laws inconvenient or even oppressive, however, read on. Peter Schiff outlines options for avoiding government intrusion in your life… without giving up your citizenship...


Printing Winners and Losers

Jorg Hulsmann

Like everything in life, there are winners and losers -- money production is no exception. In fact, thanks to the opening the money spigot, Guido Hülsmann of the Mises Institute explains we're ultimately looking at worsening income inequality. Read on...