Gold Not Dollar Is the Best Trump Trade Survey Shows
Gold Seen as Safe Haven in Case of Trump Protectionist Policies
Bloomberg Survey Shows Gold Outperforming Dollar as Safe Haven
In a recent survey conducted by Bloomberg, gold was identified as the best portfolio hedge against potential protectionist policies that could be implemented by the Trump administration. The survey, which polled a group of investors and analysts, found that gold is seen as a safe haven asset that could protect against market volatility and uncertainty caused by trade wars or other protectionist measures.
The survey results are in line with historical trends, which have shown that gold tends to perform well during periods of economic uncertainty. In times of market turmoil, investors often flock to gold as a safe haven, driving up its price. This is because gold is seen as a store of value that can maintain its purchasing power even when other assets are losing value.
The Trump administration's protectionist policies have raised concerns among investors about the potential for trade wars and other measures that could disrupt global trade. These concerns have led to increased demand for gold, as investors seek to protect their portfolios against market volatility.
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