Nikkei: -10,5%
European stocks: around -3% at opening
Even gold went down after the talks that radioactivity may reach (or already reached) Tokyo.
When gold goes down during a crisis, even for a short time, it sounds like panic for me, it sounds like: "Well, cash is king. The situation is nasty, I'm out, my money too!"
I would like to know from someone with more experience at the market, especially at previous crisis: what should we expect? Will the "safe-haven" behavior still work for gold?
European stocks: around -3% at opening
Even gold went down after the talks that radioactivity may reach (or already reached) Tokyo.
When gold goes down during a crisis, even for a short time, it sounds like panic for me, it sounds like: "Well, cash is king. The situation is nasty, I'm out, my money too!"
I would like to know from someone with more experience at the market, especially at previous crisis: what should we expect? Will the "safe-haven" behavior still work for gold?
"The reason I was born and came into the world is to testify to the truth."