Gold vs Bonds
January 26, 2025
Eye-opening chart as to how well gold has performed, in this case vs. the world’s largest safe-haven market, US Treasury bonds. It’s shocking to me that miners of precious metals are scraping all time lows as far as valuations versus the metals, while gold is performing as well as it is. It also might be time to consider owning some bonds, though I will stick to the metals and their miners, since bonds were in a 40 year bull market and the trend is not in their favor. Still, bonds can benefit from a weak stock market, which many believe is inevitable. Stocks are due for a large correction, but if the Fed keeps printing to keep assets afloat (inflationary), bonds should not rise as much as precious metals.