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A global flight to gold and treasuries is here

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FXStreet/Chuck Butler/2-24-2020

photo of single black swan swimming on lake“This is a ‘global flight to Gold and Treasuries’ folks… and you will notice that I didn’t mention stocks… To me, the stock phenomenon has run its course, Yes, there are famous analysts out there that will tell you that as long as the Fed has the stock markets’ back then everything will be seashells and balloons… But…. I disagree with them, this virus thing seems to be the black swan that has been hovering over the markets and economies like the Sword of Damocles for years, has finally swam into our lake…”

USAGOLD note:  A good read from Chuck Butler. . . .The flight has been going on for some time, but the ‘black swan’ that’s landed on ‘our lake’ is something new.