More Proof That Gold Will Absorb Equity Dollars During Stock Market Uncertainty
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.: