Gold, Bonds & Asian Currencies
By GCRU Gold News on Thursday, June 1 2017, 01:34 - Permalink
The upshot of this is that gold looks better than treasuries. However, it should be pointed out that this does not mean gold is a buy. It only states that gold could do better than treasuries in these market conditions. Gold could still fall from here, but treasuries could fall further. One way that this could occur is a collapse in the US dollar, and the Federal Reserve reacting to a weakening US dollar by raising rates.