Post by
MaterialsMan on Oct 29, 2023 8:34am
Safe haven options
Some heavy players in the world of finance are suggesting that problems in the middle east may be creating some anxiety in the investment community.
The article I read was very recent, and mentioned three safe haven plays which may well get some attention in the event that the conflict expands to other countries.
They were U.S Treasuries, oil and gold. The article did not mention Bitcoin, but it probably should have.
The situation is worth paying attention to. It will be interesting to see
which of the four becomes the most favored safe haven if escalation becomes evident.
More than likely, all four could well be affected.
Comment by
DrHoffman on Oct 29, 2023 9:01am
This post has been removed in accordance with Community Policy
Comment by
MaterialsMan on Nov 04, 2023 6:04pm
Based on news reports in regards to the potential for escolation in the middle east, concern seems to be easing. The military potential that is being displayed by Isreal seems overwhelming. There are plenty of reasons for gold to become more evident in the scheme of things but at this point in time, I think that middle east tension is less likely to be one them.
Comment by
Symbiotic on Nov 04, 2023 6:32pm
Ah you watch MSM. Their propaganda is not working as planned. A reduced spotlight is not a cessation.