Heavyweight Champ George Foreman Says Bonds Are a Knockout
What type of investments does a two-time heavyweight champion turned businessman and investor like right now? “I like bonds…especially government bonds,” George Foreman, also an Olympic gold medalist, told Kitco News at Freedom Fest in Las Vegas. “I like to stay close to the government because if they fall, we all go together, but if they stand, I’m up a little bit anyway,” he explained. The bond market has garnered investor attention with the 10-year U.S. Treasury note recently posting its biggest weekly increase since June when Britain voted to leave Europe. However, Foreman warned that there is “no protection” in the marketplace. “Get in it, try to invest in something, there is no protection though,” he said. “If you’re looking for protection, that’s like saying you want to be heavyweight champ of the world without having to fight Muhammad Ali.” (show less)
What type of investments does a two-time heavyweight champion turned businessman and investor like right now? “I like bonds…especially government bonds,” George Foreman, also an Olympic gold medalist, told Kitco News at Freedom Fest in Las Vegas. “I like to stay close to the government because if they fall, we all go together, but if they stand, I’m up a little bit anyway,” he explained. The bond market has garnered investor attention with the 10-year U.S. Treasury ... (read more)
Freedom Fest 2016
Freedom Fest is an annual conference where over 2000 “free-minded” attendees meet to celebrate freedom and to discuss everything from the current state of the economy to maintaining a free and healthy living. Founded and produced by famed economist Mark Skousen, Freedom Fest has been attracting record crowds for over a decade. Held in Las Vegas, Nevada, the conference attracts the “best and the brightest” to talk, strategize, socialize, and celebrate liberty. Freedom Fest is open to all and is purely egalitarian, where speakers, attendees, and exhibitors are treated as equals. This year’s conference keynote speakers include heavyweight champ George Foreman, Senator Rand Paul, Judge Andrew Napolitano, boxing promoter Don King, media mogul Steve Forbes, and more. Tune in to our coverage from July 13-16 live from Las Vegas.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
