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tony

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

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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

 

Ken

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