Mike Larson: Defensive Plays Outshining Risky Assets, Gold is Part of the Mix

[@danoneill2846]

Thanks

[@marcschloss1682]

Professor Steve Hanke of John Hopkins has said publicly that the FED conducting monetary policy is like a pilot flying without altimeter i.e. managing money supply. If Hanke is correct then owning a parachute of defensive equities and gold as your guest suggests makes a lot of sense.