Thought I’d pass along some advice my broker gave me last week
I called my stockbroker & asked him what I should be investing in as I feel interest rates are going to be rising as they did during the late 70’s early 80’s. So I told him I thought we ought to be looking to getting out of bonds & looking for a safe haven to invest. Should we move to precious metals, foreign currency or what?
He said to me, "If the Obama administration is in office much longer, canned goods, water, an AK-47, a Glock 22, and ammunition are your best bet."
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