Gold Is Still The More Stable Safe Haven Asset For 2019 - Phil Streible

With fears of more volatility in stock markets ahead, investors could do well holding gold, which is still the reliable safe haven asset, said Phil Streible, senior market strategist at RJO Futures.
“Even if you look at bonds and interest rates, the volatility has been quite high in there. We’ve seen bonds tick up three, four, five handles within a short period of time. I think that gold has been a much better, a much more stable investment asset for a safe haven,” Streible told Kitco News. (show less)

With fears of more volatility in stock markets ahead, investors could do well holding gold, which is still the reliable safe haven asset, said Phil Streible, senior market strategist at RJO Futures.
“Even if you look at bonds and interest rates, the volatility has been quite high in there. We’ve seen bonds tick up three, four, five handles within a short period of time. I think that gold has been a much better, a much more stable investment asset for a safe ... (read more)

Outlook 2019

Outlook 2019
What changes can the New Year bring to the markets? Will 2019 finally be gold’s breakout year? Tune in to our Outlook 2019 series to watch experts break down the markets’ most pressing questions, and more.

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