Comparisons To 2008 Spark Gold’s Fear Trade

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Comparisons To 2008 Spark Gold’s Fear Trade

Comparisons To 2008 Spark Gold’s Fear Trade by Frank Holmes

Plunging oil prices, rising market volatility, surging global debt—it’s all beginning to remind some investors of 2008. Earlier this month, billionaire former hedge fund manager George Soros warned of an impending financial crisis similar to the last major one, which sent shockwaves throughout global markets.

The comparisons to 2008 have triggered gold’s Fear Trade, with many investors scrambling into safe hav