Precious Metals

Michael Cuggino’s $4 billion Permanent Portfolio fund takes an unusual approach. It’s working.

Six of the 10 most popular fund categories were bond strategies. Investors fled large growth stocks, and crypto was a washout.

Several analysts likened Trump’s tariff announcement as a “worst-case scenario.”

Investors are flocking to the precious metal as a haven against trade turmoil and other market pressures. Don’t get carried away.