7 General liquidity event and larger crash in equities? (scored.co) posted 2 days ago by TurnToGodNow 2 days ago by TurnToGodNow +8 / -1 Scored Scored is a network of user-created communities, ranging from memes and animals to politics and more. Join a community or create your own. 5 comments share 5 comments share save hide report block hide replies
Some rotation into energy has been happening this year.
But I believe we see a flow back into gold faster than after the 2008 crash. That's because now long term bonds are not interesting to smart money.
Jeff Gundlach the "Bond King" who is no hater of bonds, is against long duration government bonds, and only advocates short duration bonds and gold.
So what becomes the substitute for long duration government bonds? It's gold. Nobody wants the long term currency risk.