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More Proof That Gold Will Absorb Equity Dollars During Stock Market Uncertainty
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It is no secret that investors were looking for some sort of safety in March. After all, there were growing fears of a trade war, ongoing issues in Korea, increased equity volatility and a decline in cryptocurrencies. Even interest rate pressures were there before the flight to quality. All this adds up to quite a story for gold investors.
Gold is often considered the ultimate safe haven during times of uncertainty. It remains debatable whether that should still be the case, but for a couple thousand years or more of history gold has defined wealth and been a store of value.
Interesting and concise article by Jon C. Ogg at 24/7 Wall St.:
,,https://247wallst.com/commodities-metals/2018/04/05/more-proof-that-gold-will-absorb-equity-dollars-during-stock-market-uncertainty/
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