Wall Street firm says there is a 'strong case' for gold over bonds, stocks now

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Bernstein is suggesting investors look to gold and gold mining stocks to reduce risk, according to the firm's global quantitative trading strategy group on Monday.

 

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Gold has gone almost NOWHERE for ages. Why? Because for the time being its role has been displaced by cryptocurrencies.

Personally, I've been recommending being long both for several months now. In a slowing global economy with rising market volatility and monetary policymakers who are completely lost/unable to stimulate, both gold and Treasuries look like smart investments to me ...

Gold is always good.

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