Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

War talk good for precious metals …

edited February 17 in Other Investing
Gold’s up another $27 today in what’s been a strong week. Teetering around $1900 - which would be a 1-year high. Miners up almost 3% across the board today. Metals aren’t always a good hedge against equity selloffs. But today they are. BTW: The 10-year bond is also benefitting from the tensions rate falling.

I don’t follow defense stocks. But would guess they’re benefitting as well from the heightened U.S. Soviet Russian tensions.

Comments

  • edited February 17
    Think other commodities may do well as the conflict imposes on their supplies, i.e. oil. A broad-based commodity ETF such as DBC has been trending upward since last year as inflation rises.

    Someone mentioned DBC in another tread.
  • What if there is an invasion....this chart looks at the impact of several geopolitical shocks on subsequent stock market performance:

    image

    Link: Russia-Ukraine crisis
  • From the article above,
    "You need to be with those names that will have some protection in a downdraft. Defensive names are a good place to be. One being dividend growth stocks," said Homrich Berg CIO Stephanie Lang on Yahoo Finance Live.
Sign In or Register to comment.