Is the beginning of another crash?
The drop in stocks yesterday was a stark reminder of just how high markets have been running lately—and how fast they can unravel. When the selling starts, momentum builds and usually no asset is spared.
During the last market crash in 2008, gold took a temporary setback before rising 4x the amount the stock market fell, repeating a historical pattern of outperforming in down markets.
Is the beginning of another crash? Only time will tell. But if you’ve been waiting to add Gold to your holdings, now may a be good time.