Is Gold Still A Safe-Haven?


For decades, maybe even centuries, gold was viewed as a safe-haven investment. The yellow metal was what investors leaned on during bear markets for stocks, when the dollar slumped or when inflation spiked. Not only was gold somewhat safe, but it was also rewarding to investors during an unprecedented bull market that spanned 12 years.

That bull market saw gold surge from around $280 in early 2000 to above $1,900 per ounce in August 2011. That is an almost seven-fold jump, but these days, gold has lost some of its luster. On April 15, gold suffered its worst-one day performance in 30 years and now gold bears, many of whom told investors to stay away from the yellow metal when it was $600, $800 and $1,000 an ounce, are saying gold is in a new bear market.

Whether investors hold gold bars, coins, trade futures or own popular ETFs such as the SPDR Gold Shares (NYSE: GLD ) and iShares Gold Trust (NYSE: IAU ), they need and want answers in this trying environment for precious metals.

That is why Benzinga's Marketfy unit has assembled a trio of sharp minds for a webinar called "Playing The Gold Market: Is It A Safe Bet?" This premier opportunity, which investors can register for here , kicks off Sunday May 5th at 7pm Eastern time.

On the panel will be Price Headley, founder of and Danny Riley from Mr. Top Step and a futures and options trader with over three decades of experience. They will be joined by Benzinga's Chief ETF Analyst The ETF Professor. The ETF Professor, a former hedge fund trader, manages an all-ETF portfolio on Marketfy .

Consider this: The SPDR Gold Shares, once the second-largest ETF in the world by assets, is down almost eight percent in just the past month. Silver has been worse as the iShares Silver Trust (NYSE: SLV ) has plunged over 14 percent. Put simply, investors that own or want to be involved with precious metals should not miss this webinar on Sunday May 5 at 7pm EST.

This is not an entry-level get together. Sunday's webinar gives attendees access to three traders with over six decades of combined market experience. The panel for this live discussion will be covering information on gold that is pertinent to serious trader and investors.

Each panelist will speak for 10 minutes and that will be followed by a 30-minute Q&A session where no gold-related topic is off limits. As a small preview, expect the ETF Professor to discuss the the failure of gold mining stocks and investors can profit from that trend.

Remember this is a must-attend event for those that are even thinking about getting involved with gold.

For information on Sunday's webinar, click here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ, Inc.

This article appears in: Investing , Commodities , ETFs , Futures , US Markets

Referenced Stocks: GLD , IAU , SLV


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