Excellent Wealthtrack video interview with Francois Trahan. Interesting stuff and well worth your time. As usual, Consuelo Mack does a great job. Enjoy.
- Uncertainty in the world
- Europe and the possible disintegration of the Euro
- Fed not effective anymore
- Gold’s best days might be over
- Economic recovery probably starting in the first half of 2012
- US treasuries
- US Dollar’s function as safe haven
- Still too early to bet on the banking sector
- It will get ugly first. No 4th quarter recovery.
- Inflation / deflation