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Only Tech Sold – Not S&P 500, Gold Or Silver

  
By Monica KingsleyFeb 23, 2021 11:02AM ET
www.investing.com/analysis/only-tech-sold--not-sp-500-gold-or-silver-200562705?comment=25943420
Only Tech Sold – Not S&P 500, Gold Or Silver
By Monica Kingsley   |  Feb 23, 2021 11:02AM ET

NLP1 commented on this article:

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NLP NLP
NLP1 Feb 23, 2021 2:58PM ET
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A great analysis, well thought out.  I am bullish on the value of gold as well, however, as long as the US dollar is perceived as a safe haven currency, the rest of the world will support (buy) US dollars as a store of wealth. It seems that the FED can print at will but Europe, Asia and Africa often see value in owning US dollars (often over their own currencies) despite the actual devaluation.  The manipulation lies in creating a sense of security for something that is increasingly worthless.  As a result, bullion remains stagnant.
Fabio falec
falec Feb 23, 2021 2:58PM ET
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I live in Europe, and I own dollars. But I am converting them into gold, silver, platinum, sugar at every meaningful pull back. I still keep some dollars in a form of EM government bonds because that might help in a black swan event, as it's still barely the reserve currency, and at the next selloff it will be strong.
NLP NLP
NLP1 Feb 23, 2021 2:58PM ET
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Falec, that is a sound and sensible approach. I fear the majority don’t echo your sentiment. Time will tell.
Monica Kingsley
Monica Kingsley Feb 23, 2021 2:58PM ET
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NLP1 and falec: USD might be perceived as a safe haven, but is it acting like one? Betting on it is like betting on a deflationary collapse. Not likely to happen right now really, and should I see warning signs, I'll declare that clearly.
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