Jump to content
bWise Forums
Sign in to follow this  

Gold's Record As A Safe Haven Doesn't Glitter

Recommended Posts

Why is it for me?


I know Gold did well in the great depression, 1970's, 1987, 2000-2003, 2008, & 2011. Gold has gone up 15 out of the last 17 years.


the past 17 years has been better than majority of assets even with the severe 2013-2015 bear market. plus it zigs when other assets zag (correlation)


I don't need anyone's opinions on it. I know when the environment is good and bad for certain asset classes. ex inflation & higher rates are not good for most bonds. When governments start balancing budgets , stop running up deficits & get their finances in order that will be bad for gold. When it gets overbought & overvalued I will avoid it like any other asset class. I like bear markets they change investors sentiment..... hence make that asset cheap.


8 year bull markets get me concerned... not optimistic like most on that asset.


Here are two great you should watch.






Best Regards



Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this