Goldman: Buy Gold Not Bonds— "The 60/40 is Dead"
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Intro: Breaking the Seal
The Precious Metals and Energy analysts at Goldman Sachs Daan Struyven, Lina Thomas, Samantha Dart have overtly taken a step to recommend replacing a portion of Bonds in the rules governing the 60/40 (Stock/Bond) portfolio mix. This is neither a short term trade idea, nor is it one of those macro “plays” the market has seen so much of these past two years. This is a call to change how Pensions and the largest institutions allocate big money to hedge equity risk. As such, it is (to…
The skinny
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