Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan
9 Articles
9 Articles
Trump Effect: 2 TSX Safe Havens for Canadian Investors
With President Trump’s tariffs still fresh in the minds of jittery investors, many of whom are scrambling to beef up their defensive exposure to brace for what could be a turbulent next few weeks and months of deal-making (or lack thereof), it now seems like a time to put things into perspective and to make a move that’d best position investors to do well over the long haul. Indeed, we’re investing in times of great uncertainty. But it may not b…
Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan - WorldNL Magazine
Bitcoin's safe-haven narrative isn't living up to its mythical status, according to JP Morgan, with investors instead preferring to put their cash into gold amid recent market volatility spurred by President Trump's global trade war.Analysts at the top investment bank said in a Thursday report that gold exchange-traded funds and futures are receiving most of the investment action, as speculators look for a safe bet. Gold's price has soared since…
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