Ted Oakley: 'An Accident Waiting To Happen', Why You Need to Own Hard Assets & Oil and Gas

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Ted Oakley says his firm has been buying back gold, silver and mining stocks after a meaningful correction, arguing they now look cheap on a cash-flow basis. The discussion is broadly constructive on hard assets, with Oakley framing the setup as a long-duration opportunity rather than a short-term trade, and continuing to favor energy alongside precious metals.