I Thought Gold Was A Safe Haven! Why Did It Tank With Stocks? Authored by Mike Maharrey via Money Metals, And in the blink of an eye, the expectation of a “soft” landing turned into worries about a crash landing! It was a bloody Monday in the stock market as analysts digested the dreary jobs report released Friday and suddenly discovered the rot in the economy’s foundation. They fretted that the Federal Reserve waited too long to cut interest rates and worried its lallygagging would tip the economy into a recession. (I have argued for months that the problem started… — Continue at ZeroHedge News : Read More
Home » I Thought Gold Was A Safe Haven! Why Did It Tank With Stocks? – Tyler Durden