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Saturday, December 15, 2018

Why Gold Is Still The More Stable Safe Haven Asset For 2019


With fears of more volatility in stock markets ahead, investors could do well holding gold, which is still the reliable safe haven asset, said Phil Streible, senior market strategist at RJO Futures. 

“Even if you look at bonds and interest rates, the volatility has been quite high in there. We’ve seen bonds tick up three, four, five handles within a short period of time. 

I think that gold has been a much better, a much more stable investment asset for a safe haven,” Streible told Kitco News.

- Source, Kitco News