25.08.2015 - Looking for a safe haven? Here's why gold won't work
You hear it again and again. When markets get volatile or uncertainties spike, buy gold. It's traditionally considered one of the safer assets because it acts as a store of value. But the precious metal pays neither a dividend, coupon nor rent. So we crunched the numbers using data analytics platform Kensho to find out whether gold's safe haven status really holds up. According to statistics going back to 2005, a bet on gold in times of market turbulence is often no better than a coin toss...............................................Full Article: Source
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