Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

The Risk Of Gold And Treasury Bills Right Now

Friday, August 19, 2011 - 12:22 PM
From Bucks Blog -
This weekend’s Wealth Matters column opens with a bold statement about people who have sold stocks and are buying gold or United States Treasury bonds.

“They fled the perceived risk of falling stock prices right into the assured risk of overvalued assets,” said G. Scott Clemons, chief investment strategist for the wealth management division at Brown Brothers Harriman.

No one knows for sure if these assets are truly overvalued. But investors in T-bills did get hurt rather quickly in late 2010 and early 2011. And gold prices are based largely on sentiment, which can change in an instant.

WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702