If the market takes another dive, treasuries will probably be in demand again. And so it goes. This will also support the US$ quite well.
There’s not many choices out there because of the huge volume of funds that need to find a home when the storm comes thundering back into town. Not to mention the amount currently held by other nations.
It will be interesting to see if this event becomes supportive for gold. I think it will this time around becuase gold likes uncertainty and it’s looking like the world is considering gold more like money at this time rather than a commodity.
