Why gold is the only go-to safe haven from global turmoil - not bitcoin or bonds
By Mark Hulbert
Investors don't have as much confidence in U.S. Treasurys as a risk hedge
Gold has become investors' go-to safe haven.
Among the ***** ets typically considered safe havens, gold (GC00) is the only one that rose in the wake of President Donald Trump's saber-rattling about Greenland. On Jan. 20, when the S&P 500 SPX fell 2.1%, long-term U.S. Treasurys BX:TMUBMUSD10Y - the traditional safe haven during times of geopolitical crisis - fell by more than they have in any other trading session since
By Mark Hulbert
Investors don't have as much confidence in U.S. Treasurys as a risk hedge
Gold has become investors' go-to safe haven.
Among the ***** ets typically considered safe havens, gold (GC00) is the only one that rose in the wake of President Donald Trump's saber-rattling about Greenland. On Jan. 20, when the S&P 500 SPX fell 2.1%, long-term U.S. Treasurys BX:TMUBMUSD10Y - the traditional safe haven during times of geopolitical crisis - fell by more than they have in any other trading session since
20 days ago
