GOLD 0.51% $1,391.7 gold futures

Gold as a safed haven is a fallacy

  1. 3,451 Posts.

    I'd be very wary of others calling gold a safe haven in these times when it has been proven other financial tools are more effective in a downturn. The fundamentals of gold still have not been proven accurate to date and if the markets turn upwards it would be the very last place I'd want my money.

    Prefer to bet on the horses than gold imho. Much better return.

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