Gold's Safe Haven Shines

From dillongage.com

Gold’s luster as a safe-haven asset grew as the weekend brought new warnings of how a trade war would affect the global economy. In early morning trading, Gold made double-digit gains and marked a nine-week high just shy of $1,320. Overnight European and Asian stock markets were down, while U.S. stock indexes are expected to open lower this morning. A recession could hit the U.S. in less than a year if President Donald Trump imposes more tariffs on China and if the Chinese retaliate, Morgan Stanley’s chief economist Chetan Ahya told Bloomberg. The recession could begin in as soon as nine months if the president ... (full story)