Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Friday, March 27, 2015

Gold vs. Dollar – Guess Which is Today's Favored Geopolitical Capital Flight Destination

As capital makes its flight to safety over the geopolitical scare in Yemen, it has its usual two favorite destinations to choose from. Capital tends to favor U.S. treasuries over gold at times like these, but given the richness of the dollar, gold may gain greater favor this time around. See my full report on gold vs. the dollar in a capital flight to safety.

Precious Metals & Dollar Relative Securities	03-26-15
SPDR Gold Trust (NYSE: GLD)	+0.6%
PowerShares DB US Dollar Bull (NYSE: UUP)	+0.4%
iShares Silver Trust (NYSE: SLV)	+0.4%

DISCLOSURE: Kaminis is short UUP. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.