July 20, 2016
USA Today: Gold may not be as safe of a haven as you thought
But history provides equally little assurance that gold will do well when bonds do poorly. In all months over the last four decades in which bonds fell, for example, gold fell as often as it rose — just as it did in the case of stocks. And the same was true for those months in which both stocks and gold fell.
Gold fell as often as it rose for those months in which both stocks and gold fell?
If true, gold is a much safer haven than I thought. ;)
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