Bear markets come in three stages; and we’ve only just started the second, says veteran analyst

MarketWatch/Jamie Chisholm/11-25-2022

“If you have a big purchase that you have to make within the next year or two, whether it’s a kid going college or it’s a wedding, a bar mitzvah or some other expense like a home that you have put aside money for, it should not be in the stock market. It should be in the bank it should be in short-term T-bills. It should be in cash equivalents because the next couple of years are going to be challenging for those with shorter-term time horizons.” – Peter Boockvar, Bleakley Financial Group

USAGOLD note: The latest from the widely-followed Mr. Boockvar…… He is a long-time advocate of gold and silver ownership.

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