Fear factor: Investors rush into gold and other havens as stocks near highs

Reuters/Saqib Iqbal Ahmed/7-22-2020

cartoon showing gold as the go-to asset in times of uncertainty

“Investors are piling into haven assets such as gold, the Swiss franc and cash as U.S. stocks approach all-time highs, looking to hedge big moves in equities amid economic uncertainty and a resurgent coronavirus pandemic.”

USAGOLD note:   Reuters cites a number of big-name institutions as currently adding gold to their asset allocations and recommending the metal to their clientele.

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