Bank of America triggers rare contrarian sell signal for global stocks; Precious metals surge as markets search for safety

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There’s nowhere else to park cash with bonds broken, crypto unstable, Japan hiking, and China already heated. Metals aren’t just a trade, they’re the last real safe harbor left before the next wave hits.

Why are precious metals running?

Two reasons:

1. The US market is deep in its final stage of its Bull Market and smart money is rushing ahead of the sell off and rotation

2. There is no other place to put your Cash, other than a Money Market Fund….and some people expect more than +4% returns.

– Bonds have failed as an alternative since their Crash in 2021 and have still not recovered
– Crypto is not behaving like a Safe Haven
– Japan is raising Rates
– China and the HSI have been running aggressive too and although their positions are still undervalued compared to US equities, they have caught up a lot this year.

So what’s left?

– Precious metals – historical safe havens, a form of utility, they were undervalued, widely available now and trusted and a trade war has made them more attractive too.