BNY Mellon’s Hutchins on precious metals and other safe havens

InvestmentEurope/Ridhima Sharma

graphic image inflation ahead sign“With developed market government bond yields at already very low levels, gold provides safe haven characteristics as an alternative. Indeed, with stabilization of recent global data points, the market may soon start to worry about inflation where gold would act as a hedge whereas government bond prices would decline.”

USAGOLD note:  More and more professional investors, like Bank of New York Mellon’s Suzanne Huchins, have begun to factor inflation into their investment scenarios.  Inflation concerns have been absent from the mix for a very long time and whether or not they are justified now remains to be seen.  Wherever and whenever inflation enters the discussion, though, there you will find gold.

Repost from 2-7-2020

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