The month of August, was a realy bad month. The Enhanced Permanent Portfolio reference lost -2.5%, while all other assets from Equity, Treasuries, Gold, Silver, Copper, Crude oil have been negative. between -6% to -20% there was simply no place to hide other than cash.
Your Rational Invest Team
Walter Baumann / Frank Grossmann
Tel +41 79 306 11 60 / Email