Should you buy hard assets now?

Precious metals, gems a risky way to hedge risk

The headlines are hard to miss. There’s the seemingly endless tariff war between China and the U.S. Then there’s the truly endless sabre rattling in the Middle East, most recently between Turkey and the Kurds in Northern Syria. How about the tit-for-tat oil tanker attacks and hijackings between Saudi Arabia and Iran? Brexit anyone? Efforts by Democrats to impeach U.S. President Donald Trump. Mass rioting in Hong Kong, Chile, Bolivia. Separatist sentiments rising in Canada following the election of a weak minority Liberal government. For some investors, it’s all a bit much, and many are asking if market risk has cranked up to new highs. Is now the time to switch at least some of your funds to so-called portable hard assets, like gold and gemstones, which tend to keep their value in times of turmoil? READ MORE

Diamonds are not a girl’s best friend

Ever since screen goddess Marilyn Monroe breathily sang the famous lyric in the 1959 hit movie Some Like It Hot, diamonds have come to be known as “a girl’s best friend.” You can understand why. They’re flashy and sparkly and pricey. And some girls actually drip with them – usually assorted Hollywood starlets, celebrities, and certain members of British royalty. Diamonds are probably unparalleled as a gem for jewelry and display. As an investment? Not so much. Even if they are, as they say, “forever.”

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