[quote=scaredycat]there has traditionally been an instinctive flight to treasuries because they are perceived as rock-solid safe. people have bought them even if they were guaranteed to lock in a small built in loss due to inflation. but what if the flight to safety suddenly switched to another asset perceived as instinctively safe? could that happen? heck yeah.[/quote]
That is a good question scaredy and one I have pondered my self considering the precarious nature of world currency politics.
I think we will get an equities crash soon, followed by a below normal flow to treasuries as some people find other safe havens.
I think the dollar will rise again, briefly, and gold will go down, slightly, followed by another huge push up after the crash.
