Beyond the Glitter: Gold’s True Value in the Trump Era

25.02.19

Written by: The MacroButler allocation within the Permanent Browne portfolio should by now understand that in an inflationary environment, they should own only properties and avoid contracts. Experienced investors understand that equities are relatively straightforward to value using methods like Discounted Cash Flow (DCF), Price-to-Earnings (P/E), Price-to-Book (P/B), and Dividend…

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