Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

2nd Quarter | 2021

Market insights and analysis

rss

Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

Gold prices continued to fall last week, approaching a support level at $1,675.00 per ounce. Prices closed the week at $1,696.50 per ounce.

The Senate passed the $1.9 trillion COVID relief bill last week, prompting concerns about rising inflation and the need to hedge against it.

According to The Telegraph, billionaire hedge fund manager Bill Ackman sees increased inflation numbers showing up in the summer months, causing the Federal Reserve to respond with a surprise rise in interest rates:

“Mr. Ackman said he had bought ‘instruments that pay off in a large way in the event of a surprising move in rates.’ …

“‘We want to protect ourselves against huge market-moving events. We look to buy insurance against disaster.’”

Adding gold to an investment portfolio can also help, as the precious metal remains a time-tested hedge against inflation.

Rick Andrews is president of Avant Capital Management.



Comments are closed.