This morning I was talking to JC Parets about something that's been all over financial media lately…
The death of the traditional 60% stocks + 40% bonds (or "60/40") portfolio.
The idea is that when one falls, the other rises.
That strategy works great when bonds are in a 30 year bull market…
But now that they're not, every major Wall Street firm is saying investors need hard assets to their portfolio to fight inflation.
And surprise surprise, they have new high-fee products they can't wait to sell you.
- Morgan Stanley just introduced a new recommended portfolio model — 60% stocks, 20% bonds, and 20% gold.
- Bank of America is telling clients to buy the Harbor Commodity All Weather Strategy ETF (HGER) and emerging market dividend funds.
- BlackRock is pushing emerging market hard-currency debt from commodity-exporting countries — their own iShares EM Bond ETF (EMB).
There's nothing "wrong" with any of these products…
Other than the fact that they don't actually solve the problem they're supposed to solve.
If you're trying to hedge against inflation…
Why would you buy dividend stocks and bonds from emerging markets of all places?
Or for that matter, why are you buying gold?
We already saw in 2022 that gold won't protect you against inflation either.
What you need is real exposure to real assets that haven't already moved.
You already know that gold rings the dinner bell…
Energy, agriculture, and base metals are what come next.
And if you're looking for a way to not only protect your portfolio from inflation…
But put yourself in position for 3x, 5x, even 10x returns in 2026…
Join me this Thursday, April 2nd @ 2pm ET for a special investor briefing called "Making Money From Inflation."
Click here to register for the call.
Sam Gatlin and I will be sitting down with JC Parets where we'll be covering:
- Why the commodity supercycle is still in its early innings — and which sectors are setting up for the next big move
- What actually happens to commodity stocks during inflationary periods (the history is more compelling than most people realize)
- Why 2026 is starting to look a lot like the 1970s — and what that means for your portfolio right now
- How to make money from commodities without trading futures or needing a special account
We're live this Thursday at 2pm ET to help you get your portfolio prepared for Q2.
Click here to RSVP.
It'll be about 30-40 minutes of pure content with Q&A at the end, so bring your questions with you.
– Jason Perz
