In a way , thanks to President Trump for creating this mess! Think about it ! Had he not initiated the tariff war, the market would not be in a topsy turvy situation and therein lies opportunities and threats for us.
Now the bond yield are spiking up which means bond prices are crashing. Oh no, the US bonds were once highly sought after but with faltering price, who is buying or renewing? So people are dumping the dollars through the 10 and 30 years bonds and bond funds as well.
So where is an alternative to park their money when they cashed out ? Gold is an obvious choice and no matter who convinced you that there is no productivity in Gold or it is not part of value investing or WB is not into GOLD (why would you want to copy exactly his trade, not a peer to peer comparison), it remains a safe heaven , a flight to safety asset for centuries.
Of course, I would LONG gold
Now the bond yield are spiking up which means bond prices are crashing. Oh no, the US bonds were once highly sought after but with faltering price, who is buying or renewing? So people are dumping the dollars through the 10 and 30 years bonds and bond funds as well.
So where is an alternative to park their money when they cashed out ? Gold is an obvious choice and no matter who convinced you that there is no productivity in Gold or it is not part of value investing or WB is not into GOLD (why would you want to copy exactly his trade, not a peer to peer comparison), it remains a safe heaven , a flight to safety asset for centuries.
Of course, I would LONG gold
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.