Don't like a "VIX"en in your portfolio? Use this Maalox moment to buy gold!

The good folks at Agora Financial who write their 5 Minute Forecast are currently travel ling in China. From there they reported this:

“Considering that back in the real world it’s starting to feel a bit like 2008 again,…..”

Hmmm. Remember 2008? They are seeing some similarities. Here’s what they have noted:

“The volatility index has reached levels exceeding those after the May 6 “flash crash.”

AND:

“Leave aside the Lehman meltdown and there are only three other occasions when the VIX poked its head above 45: the Russian financial crisis in 1998, the collapse of Long-Term Capital Management shortly afterward and the collapse of WorldCom in 2002.”

Don’t like the roller coaster? Invest in physical gold. A gold coin (one ounce) bought the same thing (a nice outfit for a man) during Roman times as it did in the 1920’s as it will today. Physical gold – an anchor for volatile times.