Click here to get this article in PDF
Financial Times/John Plender/9-3-2020
“The Covid-19 crisis has pushed government bond prices to all-time highs, suggesting these assets’ reputation for safety remains as strong as ever. But there are good reasons to think the opposite: that US Treasuries have lost their some of their diversification advantages, and that central bank measures to encourage inflation will be ultimately ruinous for holders.”
USAGOLD note: Plender offers a sturdy rationale for investors seeking ultimate safety in these times and ends up with property, commodities and gold as the best choices – in fact, “in the time-honored phrase, a no brainer.”