The Flight to Quality Still = Bonds – http://pulse.me/s/N8Ekl
This is a link to a guy named Martin Armstrong’s blog. He raises a good point. People talk a lot about the potential for hyperinflation, but as near as I can tell, that’s only going to happen if there is a loss of confidence in the dollar and the U.S. government. As much as I can tell, the flight to safety is still the flight to the U.S. bond, I.e. the cleanest dirty shirt.
That may well change if China decides to make waves with their Treasury hoarse, but until then, gold advocates will have to wait to get their vindication.
It doesn’t mean you still shouldn’t be prepared for adverse outcomes just in case and improving your self sufficiency.