MarketsInsider/Matthew Fox/5-9-2022
“There is seemingly no corner of the market that is providing a safe haven less than halfway into 2022, and stocks, bonds, and the once high-flying cryptocurrency market are all getting crushed. This means that diversification — a key tenet of a healthy portfolio — has failed to protect investments from a trifecta of risks that include rising interest rates, record inflation, and slowing economic growth.”
USAGOLD note: There is one investment up so far this year against that trifecta of risks. Gold. It’s up over 2%. That doesn’t sound like much until you compare it to the DJIA being down 11.6% and the bond market being down almost 20.6%. In relative terms, that’s a fairly significant swing.
