US equities running into a wall?, page-9

Daytr

"I'm not necessarily expecting a crash but a considerable & healthy correction."

This analysis is entirely plausible, but I'm not sure that there is a case for buying gold in there. (If anything, it is a case for buying bonds, as yields in your scenario are likely to go even lower.)

I don't see gold as somewhere to "park" money while you wait to see what happens in equities. The price of gold is too volatile. To justify the risk, there has to be a argument for the price of gold to rise at lease 15%*, otherwise the money is better left in cash.

Cheers

*Based on industry haircuts for gold used as collateral.