#gold--silver

#gold--silver

The two precious metals, the most classic of the "safe-haven" assets, have the tangibility and inherent scarcity to act a hedge in moments of turmoil, particularly when investors worry that politics or policy could undermine the value of the dollar or U.S. government bonds. That is why the metals' relentless rally to record highs since late last year-Gold is up 84% year-over-year and silver up a whopping 245% - has drawn attention from analysts.

It pushed the US dollar index to a four-year low and continues to drive gold and silver to fresh record highs this morning. Trade and geopolitical uncertainty, tied to an increasingly unreliable American friend and ally, as well as growing concerns about what will happen to the Federal Reserve's credibility once Jerome Powell leaves office (it will fly out of the window), continue to weigh on the US dollar.