Gold Miners Hit 12-Month Highs 🚨 pic.twitter.com/BwNkPODSXx
— Barchart (@Barchart) May 11, 2024
Gold miners reach 12-month highs, marking the first instance in 45 years where gold has been less volatile than Treasuries, signaling a shift in perception of safety in the investment landscape.
This development should set off alarm bells for investors accustomed to viewing Treasuries as the gold standard of safety. With gold outshining Treasuries in terms of stability, it’s clear that the investment landscape is undergoing a seismic shift. This isn’t just a blip on the radar; it’s a fundamental reassessment of what constitutes a safe haven in turbulent times. Investors need to rethink their strategies and diversify their portfolios accordingly. The era of Treasuries as the go-to safe alternative may be coming to an end.
This is the first time in 45 years that gold has become less volatile than Treasuries.
In other words, Treasuries are no longer the safest alternative. pic.twitter.com/PDNrPwbuit
— Frank Giustra (@Frank_Giustra) May 11, 2024
Some major countries in Asia are heading into pensions and healthcare debt crisis. Tick, tock… pic.twitter.com/PCUJkHWgzl
— Michael A. Arouet (@MichaelAArouet) May 11, 2024
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