Financial Advisors Of The Tea Party Holding Course On Allocations

 

Some of the highest-profile financial advisors in the Tea Party have been keeping their clients right where they were.

 

No mass dumping of Treasury bonds, stocks, or other dollar-denominated assets.

 

No gold hoarding -- they say "worry" and a "bubble mentality" have already pumped bullion prices too high.

 

And if anyone is converting their clients to disaster-oriented bear market funds, they're not talking about it.

 

Instead, these advisors generally seem to be recommending commodities and old-fashioned U.S. equities.

 

One exception: Peter Schiff says he's dumped everything that trades in dollar terms -- stocks, bonds, all of it -- but he did that awhile back.

 

In a world where media pundits with Tea Party affiliations pump gold to the horizon, it's enlightening to see what the advisors are doing.

 

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