- Gold has millennia of history and intrinsic qualities that make it an excellent store of wealth in the midst of economic uncertainty and runaway spending and money printing.
- Interest rates are hovering at historic lows and the printing presses are running wild, effectively waging war on the dollar.
- The Gold-to-M1 ratio points to potential massive further upside for gold.
- The Gold-to-S&P 500 ratio also implies Gold is undervalued.
- Gold wins in an inflationary recession scenario, while high yield wins in a recovery, diversifying each other nicely given government's commitment to stimulus.
For further details see:
5 Reasons Why High Yield Investors Need Gold