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Ted Oakley Advises Holding Bullion and Cutting Miners as Tech Stocks Slide

11/6/2026 · Kitco News

Tech stocks suffered a sharp drop on November 5, with the Nasdaq 100 falling as much as 5%. Veteran money manager Ted Oakley, active through market cycles since the 1970s, had already started exiting positions.

Oakley recommends keeping physical precious metals while selling mining company shares. This tactic responds to market turbulence hitting technology equities.

His decades of experience guide preserving value in bullion amid the equity sell-off.

Source: Kitco News