Gold and Long Term Treasury Bonds Plummeted, Permanent Portfolios Are Still Permanent
Gold (GLD, IAU) and long term treasury bonds (TLT, TLH) plummeted recently. It is interesting to point out that even though gold and long term bonds are traditionally negatively correlated, current market bout is a perfect example to show that nothing can be perfectly predicted, (negatively) correlated or not. However, one can expect that in [...]
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