Gold Miners After the Melt-Up
After a huge melt-up, riskier bets may fall out of favor.
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Gold: It's the shiny talisman that helps paranoiacs sleep at night.
The whole idea of investing is gold is to keep you calm when things look dicey. And with some $9 trillion of sovereign bonds sporting negative yields and scenarios including a Chinese economic crash or a Russia-NATO clash popping up in headlines with disquieting regularity, gold should be doing well.