Choosing Your Safe Haven | Amelia Bourdeau
Amelia Bourdeau of Market Compass LLC , describes the evolution of risk since the outbreak of the Coronavirus and how investors moved assets across multiple safe havens. When the virus was concentrated in Asia investments in the U.S. dollar surged but as risk hit the U.S. equities markets, assets moved into the Japanese yen. Gold has gone on a wild ride, rallying first and then selling off as investors needed to grab anything liquid to offset stock losses, before eventually rallying. Amelia calls gold the safe haven of last resort and says there are numerous reasons to be bullish gold, even outside of the current crisis. Tune in to learn why.
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