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Time to replace bonds with gold in your portfolio?
Recently, the WGC published a fresh Investment Update entitled It may be time to replace bonds with gold.Is it? According to the report, investors are now facing the environment with flat to inverted yield curves, stock valuations at extreme levels that historically preceded meaningful stock sell-offs, and an increasing set of geopolitical concerns, including trade tensions, Brexit and Middle East turmoil. Given this backdrop, gold should be part of each investment portfolio as a safe-haven asset. However, the WGC claims that gold has an even greater role to play today. This is because the central banks have shifted ... (full story)