Kitco’s Global Trading Director Peter Hug says that it’s time for investors to finally get back to work after Labor Day weekend and the summer vacation season. In his radio show, Tommy Schnurmacher asks Peter what investors should expect in the month of September – generally a strong month for precious metals – as well as how to brace against inflation and geopolitical concerns for the remained of the year.
Peter answers: “It’s prudent for any investor to diversify their portfolio – and part of the diversification should maintain a hard asset balance. I’m in the camp of the 10 – 15% of your portfolio on hard assets – something to protect you on the inflationary side, and the reason I like gold is it also protects you on the geopolitical side.”
Listen to the full interview on soundcloud.com