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.